Attempt this previous-year question. The correct option stays hidden until you choose.
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.
Select the correct answer using the code given below.
Pick an option to check yourself.
• 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.
Attempt Prelims MCQs or open Mains questions by paper — then continue the same bank inside the app with visual decks.
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