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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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