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Question
The Government of India has decided to vaccinate the adult population of India (with Covaxin/Covishield), without any charge. This would be categorized as ____________.
Options
revenue nature income
capital nature expenditure
revenue nature expenditure
capital nature income
MCQ
Fill in the Blanks
Solution
The Government of India has decided to vaccinate the adult population of India (with Covaxin/Covishield), without any charge. This would be categorized as revenue nature expenditure.
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Classification of Expenditure
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