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What is revenue expenditure??

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What is revenue expenditure??
  • 2 answers

Priya Dubey 6 years, 1 month ago

Which neither create asset nor liability of the government. These expenditures are made for smooth functioning of government departments. For example pensions, subsidies, grants, interest payments etc.

Sakshi Talwar 6 years, 1 month ago

It neither creates assets nor reduction in liability.
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