Question

Q. Which of the following is/are a component of Revenue Expenditure:

Which of the statements given above is/are correct?

• A. 1 only
• B. 2 and 3 only
• C. 1 and 3 only
• D. 1, 2 and 3

Answer 1

The correct option is B 2 and 3 only

Explanation:

Revenue Expenditure is the expenditure by the government which does not impact its assets or liabilities. For example, this includes salaries, interest payments, pension, and administrative expenses.