Question

Choose the wrongly matched pair :

(a) Expenditure on war - Developmental expenditure

(b) Expenditure incurred for paying salaries - Revenue expenditure

(c) Direct Tax - Property tax

(d) Penalties -- Non-taxable source of revenue​

Answer 1

Answer:

(a) Expenditures on war- Developmental Expenditures

Answer 2

The wrongly mathched pair is c.

(a) Expenditure on war -                     1)Developmental expenditure

(b) Expenditure incurred for paying salaries         2)Revenue expenditure

(c) Direct Tax -                                                          3)Property tax

(d) Penalties --                                              4) Non-taxable source of revenue

The wrongly matched pair is c.

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