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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
- A 1 only
- B 2 only
- C Both 1 and 2
- D Neither 1 nor 2
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Correct Answer
A 1 only
Model Answer
Answer: option A, as per UPSC's final answer key (Series A).