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Q9·GS Paper 1 · Prelims 2022

Differentiating between capital and revenue expenditure for a firm

EconomyIndustry, MSME & ServicesStatement-basedMediumStatic

Question

With reference to the expenditure made by an organisation or a company, which of the following statements is/are correct? Select the correct answer using the code given below:

  1. 1.

    Acquiring new technology is capital expenditure.

  2. 2.

    Debt financing is considered capital expenditure, while equity financing is considered revenue expenditure.

Options

a

1 only

Answer
b

2 only

c

Both 1 and 2

d

Neither 1 nor 2

Explanation

Statement 1 is correct; acquiring new technology creates a long-term asset and future economic value, making it a classic capital expenditure (CapEx). Statement 2 is incorrect; debt and equity financing are methods of raising capital (financing activities), not categories of operational spending (expenditure) like capital or revenue.

Capital expenditure creates long-term assets; revenue expenditure handles day-to-day operations. Financing (debt/equity) is how you get the money, not how you spend it.

Answer: (a).

Question details

Year

2022

Paper

GS Paper 1

Question

Q9

Subject

Economy

Sub-topic

Industry, MSME & Services

Type

Statement-based

Difficulty

Medium

Nature

Static

Source hint

NCERT Economy Cl.12 Ch.5

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