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UPSC Civil ServicesPrelims2022General Studies Paper I

Question

QQ9. With reference to the expenditure made by an organisation or a company, which of the following statements is/are correct ? 1. Acquiring new technology is capital expenditure. 2. Debt financing is considered capital expenditure, while equity financing is considered revenue expenditure. Select the correct answer using the code given below :

Options

  1. A 1 only
  2. B 2 only
  3. C Both 1 and 2
  4. D Neither 1 nor 2
Show Answer

Correct Answer

A 1 only

Model Answer

Answer: option A, as per UPSC's final answer key (Series A).

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2022 — With reference to the expenditure made by an organisation… | Dr. Amit IAS Academy