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    Question

    A budget that has both capital receipts and capital

    expenditure is called:
    A Balanced Budget Correct Answer Incorrect Answer
    B Revenue Budget Correct Answer Incorrect Answer
    C Capital Budget Correct Answer Incorrect Answer
    D Zero-Based Budget Correct Answer Incorrect Answer
    E Performance Budget Correct Answer Incorrect Answer

    Solution

    The government budget is typically divided into the Revenue Budget (current income from taxes/non-taxes and current expenditure) and the Capital Budget (capital receipts like disinvestment, borrowing, and capital expenditure on assets like infrastructure).

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