Civil Services HPPSC (Himachal Pradesh) HPAS Mock Test 2021 General Knowledge Economy Money and Banking
The expenditure in India is classified as capital and revenue. Which of the following is/are revenue expenditure ?
1. Interest payments on debt
2. Loans granted by central government
3. Subsidies
Select the correct answer using the codes given below.1
1 and 2 only
2
1 and 3 only
3
2 and 3 only
4
1, 2 and 3