BTotal capital expenditure minus only capital receipts
CTotal expenditure minus total receipts excluding borrowings
DNet indirect taxes minus net subsidies of the government
Question 2
GST was implemented in India on: (CDS PYQ)
A1 April 2017
B1 July 2017
C1 January 2018
D15 August 2017
Question 3
Salaries of government employees are an example of: (CDS PYQ)
ACapital expenditure creating a long-term asset
BDevelopment expenditure for economic growth
CRevenue expenditure recurring in nature
DTransfer expenditure with no production attached
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