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    Question

    Which of the following does not falls in the category of revenue expenditure?

    A Payment of salaries Correct Answer Incorrect Answer
    B Wages Correct Answer Incorrect Answer
    C Pensions Correct Answer Incorrect Answer
    D Subsidies Correct Answer Incorrect Answer
    E Loan Correct Answer Incorrect Answer

    Solution

    Revenue expenditure is that part of Government expenditure that does not result in the creation of assets. Payment of salaries, wages, pensions, subsidies, and interest fall in the category of revenue expenditure.

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