Which statement about revenue expenditure is most accurate?

Type: MCQ • Marks: 1

A. It is necessarily wasteful because it does not create an asset

B. It may be essential for operating, maintaining and delivering Government services

C. It never produces any benefit

D. It is always less important than capital expenditure

Explanation

Schools cannot function without salaries, electricity, maintenance and other revenue expenditures.

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UPSC Principal & Vice Principal Management Finance Administration

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