UPSC 2016EconomyModerate

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.

a
1 only
b
2 and 3 only
c
1 and 3 only
d
1, 2 and 3
Public FinanceGovernment Budget (Capital Budget)Capital budgetGovernment of IndiaExpenditureAcquisition of assetsLoans receivedForeign governmentsLoans grantedStatesUnion Territories

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