Question : Which of the following is not a capital expenditure for the central government?
Option 1: Loan to state government
Option 2: Improvement of fixed assets
Option 3: Salaries and old-age pensions
Option 4: Construction of roads and bridges
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Correct Answer: Salaries and old-age pensions
Solution : The correct option is salaries and old-age pensions.
Salaries and old-age pensions are typically considered revenue expenditures rather than capital expenditures for the central government. Capital expenditures generally involve the acquisition or improvement of long-term assets such as buildings, infrastructure, equipment, or investments that have a lasting and tangible benefit. These investments contribute to the expansion, enhancement, or maintenance of the government's assets or infrastructure.
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Question : Which of the following items is not a part of the non-plan revenue expenditure of the government budget?
Option 1: Salaries and pensions
Option 2: Subsidies
Option 3: Defence services
Option 4: Central assistance for states and union territories
Question : Which of the following is not a characteristic of National Highways in India?
Option 1: Meant for inter-state transport.
Option 2: Connect state capitals and major cities.
Option 3: Construction of border roads in high-altitude areas.
Option 4: Maintained by the Central Government.
Question : Expenditure on advertisement and public relations by an enterprise is a part of its:
Option 1: consumption of fixed capital
Option 2: final consumption expenditure
Option 3: intermediate consumption
Option 4: fixed capital
Question : Which of these is not the correctly stated component of the expenditure method of measuring national income?
Option 1: Final investment expenditure by firms
Option 2: Final government expenditure
Option 3: Export plus import expenditure
Option 4: Final consumption expenditure by households
Question : The dividends received by the government from Public Sector Undertakings (PSUs) are ________.
Option 1: capital expenditure
Option 2: capital receipts
Option 3: non-tax revenue receipts
Option 4: tax revenue receipts
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