Solution

Revenue expenditure: Revenue expenditures are typically current or short-term in nature. They are expenses that the government must pay in order to run its regular business. These expenses do not depreciate over time; instead, they are fully charged in the year they are incurred. They could occur repeatedly or not at all. Capital Expenditure: Capital expenditures are one-time financial or capital investments made by a government with the intention of growing various industries and businesses in order to generate profits. Usually, fixed assets or assets with a longer lifespan are purchased with these funds. These include tools for manufacturing, construction, and infrastructure enhancement. These resources may or may not have a salvage value, but they are valuable to the government for the duration of their useful lives.