GyanGramWhich of the following is/are included in the capital budget of the Government of India? 1. Expenditure on ac…
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Which of the following is/are included in the capital budget of the Government of India?
1. Expenditure on acquisition of assets like roads, buildings, machinery, etc.
2. Loans received from foreign governments.
3. Loans and advances granted to the States and Union Territories.
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• Correct Answer: D
• Capital budget includes capital expenditure (asset acquisition) and capital receipts (loans, borrowings, recovery of loans).
• Acquisition of assets, foreign loans, and loans to States/UTs all create assets or liabilities, falling under capital account.
• All three statements are correct components of the capital budget.
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