Which of following factors come under Revenue expenditure in Annual Financial Statement of India 1 n...........

Economic Affairs Public Finance and Debt Management

Download Solution PDF

Which of following factors come under Revenue expenditure in Annual Financial Statement of India?

1. Interest payments

2. Salaries and Pension

3. Loans disbursed by the Government

4. Defense expenditure

Select the correct combination from Codes:

1, 2 and 3

1, 3 and 4

1, 2 and 4

All of the above

छोटे Courses बड़े Results

Master Public Finance and Debt Management

Prepare through Micro-courses

Try Now

Explanation:

Revenue expenditure refers to the expenses incurred by the government in its day-to-day functioning and for the ongoing projects. The items listed as Revenue Expenditure typically do not create assets or reduce liabilities. Based on this, the correct combination from the given options is: