Question

Which type of expenditure is a non-recurring type of expenditure?

• A. Non-productive expenditure
• B. Non-developmental expenditure
• C. Revenue expenditure
• D. Capital expenditure

Answer 1

The correct option is D

Capital expenditure

Capital expenditure is an expenditure incurred on construction of dams, steel plants, etc. It is a non-recurring type of expenditure and is also called developmental expenditure.