SSC CPO 2023 PYQ — Question 94

The correct answer is option 4 i.e. capital expenditure.

Expenditure of the government on health facilities, education, and fixed-asset acquisition is termed as capital expenditure. This type of expenditure involves spending on assets that provide benefits over a long period, such as infrastructure, schools, hospitals, and other public services. Capital expenditure is essential for creating long-term assets that contribute to economic development. Unlike revenue expenditure, which covers routine operational costs, capital expenditure focuses on investments that enhance the productive capacity of the economy.