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Economics › Budget, Fiscal Policy

Economics › Budget, Fiscal Policy

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.

Options

(a)

1 only

(b)

2 and 3 only

(c)

1 and 3 only

(d)

1, 2 and 3

Answer

(D)