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Question
Capital expenditure is ______ in nature.
Options
Non-recurring
Recurring
Simple
Complex
Positive
Persuasive
MCQ
Fill in the Blanks
Solution
Capital expenditure is Non-recurring in nature.
Explanation:
Capital spending either produces assets or reduces government liabilities that are not recurring on a regular basis.
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Types of Public Expenditure - Revenue Expenditure and Capital Expenditure
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