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Public Expenditure — Economics STD 10 — Question

ICSE BoardEnglish MediumSTD 10EconomicsPublic Expenditure1 Mark
MCQ
__________ neither creates assets nor reduces government liabilities.
  • A
    Capital expenditure
  • ✓
    Revenue expenditure
  • C
    Both (a) and (b)
  • D
    None of these
✓

Answer

Correct option: B.
Revenue expenditure
B

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