Question
Which of the following refers to expenditure that is
necessary for the day-to-day functioning of the business, typically not resulting in any asset?Solution
Revenue expenditure refers to the costs incurred in the daily operations of a business, such as wages, rent, and utilities, which do not create long-term assets. These are expensed in the profit and loss account.
What was the total Foreign Direct Investment (FDI) inflow into India during April–September 2025 (H1 FY26)?
Who recently came up with India’s 1st credit card made from recycled PVC (Polyvinyl chloride) plastic?
What is the primary focus of the Fisheries Summer Meet 2024 to be held in Madurai?
In the inaugural Global Big Cat Summit to be hosted by India in 2026, how many “range countries” are expected to participate?
Gross FDI inflows into India reached a four-year high of how much in June 2025?
What is the chemical name of Picric Acid –
Which Indian bank does IIHL promote?
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Where is the headquarters of NATO located?
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