Expenditure incurred by the Government on building durable assets, like highways, multipurpose dams, irrigation projects are in the nature of

Related MCQs

• Old age pension is “National Old Age Pension Schemes”, “Interest payments”, “Subsidies”, “Unemployment allowances”, “Welfare benefits to weaker sections, etc.” By incurring such expenditure, the government does not get anything in return, but it adds to the welfare of the people, especially belong to the weaker sections of the society. Such expenditure basically results in redistribution of money incomes within the society.
• Expenditures incurred on civil administration, defence forces is in the nature of
• The difference between revenue expenditure and revenue receipts is
• The difference between total expenditure and total receipts is
• Expenditure on defence, interest payments, law and order maintenance and public administration expenses are generally treated as:
• Developmental expenditure refers to
• Consider the following statements: 1. In a Capitalist economy there is private ownership of means of production 2. In a communist nation, the means of production are owned by the State 3. In a free-market economy there is minimum role of the Government Which of the above 3 statement is/are true?
• Government securities:
• The tax levied by the union government on income of individuals is known as
• The role of Government would be highest in which of the following type of economy: