the given answer is true for tis statement but ig its revenue exoenditure since there is neither creation of liability nor reduction of asset ?
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I agree with you
I also think it is False. The scheme, I think, is about providing subsidies to the needy households and the expenditure should come under the umbrealla of transfer payments.
Capital expenditure are those which are spent on infrastructure projects to benefit the economy in the long-term (hospitals, factories). Current expenditure is money spent for the ongoing costs of providing public services (salaries, bills etc.). And, Transfer payments are directed towards social welfare schemes like subsidies and unemployment benfits.
okayy guys....thank you ! ...the answer key might be wrong
the answer is confirmed as false ...reason being i came across a similar MCQ
answer key says answer as A part
Turn demand for marks into a supply of answers. Ride the invisible hand of preparation, balance your utilities, and prove that your marginal effort equals maximum success.
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I mean yeah i do think it's false cuz ts ain't making no bridge or sum like that?