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UPSC 2016: 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
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Not attemptedCorrect Answer: (d) 1, 2 and 3
The capital budget comprises capital receipts and capital payments. Capital expenditure such as building roads and machinery (statement 1), capital receipts like loans from foreign governments (statement 2), and capital payments in the form of loans and advances to States/UTs (statement 3) are all part of it; therefore all three statements are included. ([arthapedia.in](https://www.arthapedia.in/index.php/Capital_Budget?utm_source=openai))
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What is the correct answer to this UPSC 2016 Indian Economy question?▼
The correct answer is option (d): 1, 2 and 3. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Fiscal Policy & Budget question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2016, GS Paper 1, as Question 12. It falls under Indian Economy > Fiscal Policy & Budget.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Fiscal Policy & Budget?▼
UPSC has asked 44 questions from Fiscal Policy & Budget (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.