[amp_mcq option1=”Revenue Expenditure” option2=”Capital Expenditure” option3=”Fiscal Deficit” option4=”All of the above” correct=”option1″]<\/p>\n
The correct answer is: All of the above.<\/p>\n
Revenue expenditure is the expenditure incurred by the government on the day-to-day running of the state. It includes salaries and allowances of government employees, interest payments on loans, and subsidies.<\/p>\n
Capital expenditure is the expenditure incurred by the government on assets that have a long life, such as roads, bridges, and schools. It also includes expenditure on research and development and on the acquisition of land and buildings.<\/p>\n
Fiscal deficit is the difference between the government’s revenue and its expenditure. It is financed by borrowing from the public or from the Reserve Bank of India.<\/p>\n
The Haryana budget is a statement of the government’s financial plans for the coming year. It is prepared by the Finance Department of the state government and is presented to the Legislative Assembly for approval. The budget is divided into two parts: the revenue budget and the capital budget. The revenue budget shows the government’s income and expenditure for the coming year. The capital budget shows the government’s plans for investment in new assets.<\/p>\n
The Haryana budget is an important document because it sets out the government’s priorities for the coming year. It also provides information on the state’s finances and on the government’s plans for economic development.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”Revenue Expenditure” option2=”Capital Expenditure” option3=”Fiscal Deficit” option4=”All of the above” correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[980],"tags":[],"class_list":["post-69759","post","type-post","status-publish","format-standard","hentry","category-haryana-gk-mcq","no-featured-image-padding"],"yoast_head":"\n