Which of the following is NOT a capital expenditure for the central government?

Correct option is C

The correct answer is (c) Salaries and old-age pensions.
Capital expenditure refers to spending that creates long-term assets, such as infrastructure development, construction, and investments.
Revenue expenditure, on the other hand, includes recurring expenses like salaries, pensions, and interest payments, which do not create long-term assets.
Salaries and pensions fall under revenue expenditure since they do not contribute to asset creation or economic development in the long run.
Information Booster:
Examples of Capital Expenditure
Infrastructure Development: Construction of roads, bridges, railways, and airports.
Loans to States & PSUs: Funds provided for asset creation.
Investment in Public Enterprises: Spending on machinery, buildings, and technology for government projects.
Examples of Revenue Expenditure
Salaries & Pensions: Regular payments to government employees and retired personnel.
Subsidies & Welfare Schemes: Food subsidies, MGNREGA wages, and healthcare benefits.
Interest Payments: Servicing loans taken by the government.