Question

How did the revenue from India finance Company expenses?

Answer 1

Answer:

Modern governments collect huge sums of money. Expenditure of these large amounts has become an extremely complex task. Apart from spending on salaries and pensions, the government also spends on the construction of schools, colleges, hospitals, roads, bridges, railways, airports and seaports. It also incurs expenses on securing the country from internal and external enemies.

While some of these tasks are related to the operational needs of the government, some others result in the creation of physical assets like dams and school buildings.