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Question
______ are those expenditures which help in improving the productive capacity of the economy.
Options
Revenue expenditure
Development expenditure
Productive expenditure
Both Development expenditure and Productive expenditure
MCQ
Fill in the Blanks
Solution
Both Development expenditure and Productive expenditure
Explanation:
Development and productive expenditure are terms used to describe government spending that increases the economy's productive capacity, such as investments in infrastructure, education, and healthcare. These expenditures help to drive long-term economic growth by increasing the nation's ability to generate goods and services.
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