GENERAL KNOWLEDGE

GK

GOVT SCHEMES POLICIES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Allocations for which of the following schemes are part of plan revenue expenditure
A
NRHM
B
MGNREGA
C
Sarva Siksha Abhiyan
D
All of the above
Explanation: 

Detailed explanation-1: -Routine repairs of plant and machinery are regarded as revenue expenditure and they are charged to the Repairs and maintenance expense account.

Detailed explanation-2: -purchase and sale of machinery is not a day to day activity unless it is a business in machinery dealing and hence, it is not a revenue expenditure.

There is 1 question to complete.