Question
Consider the following statements and choose the option
with correct Statements. I- The Union government's non-debt receipts comprise revenue receipts (tax and non-tax) and non-debt capital receipts. II- Union Government’s revenue receipts are always less than capital receipts. III- The shortfall in the non-debt receipts to meet the expenditure requirement is met by borrowings of the government (called fiscal deficit).Solution
The Union government's non-debt receipts comprise revenue receipts (tax and non-tax) and non-debt capital receipts. The shortfall in the non-debt receipts to meet the expenditure requirement is met by borrowings of the government (called fiscal deficit). This section evaluates the performance of the Receipts side of the Union Government's finances.
Which city hosted the 1st edition of Janjatiya Khel Mahotsav?
Which article of the Indian Constitution pertains to the constitution of Finance Commissions?
iGOT Karmayogi, an integrated online training platform, launched to provide continuous learning opportunities for whom to upgrade their skills and facil...
Which state government has launched a new project, ‘Sanjeevani” to ensure that livestock is provided quality treatment in a time-bound manner?
Who has been given an additional charge of the Ministry of Food Processing Industries?
Researchers from which institute have discovered a new species of single-cell algae, known as diatoms, from the northern Western Ghats in May 2023?
Which payment company has launched a Payment Gateway with a special limited-period offer for new MSME merchants & is offering free onboarding to new m...
Which city will host the G20 Agricultural group meeting under India’s G20 presidency in June 2023?
Which Indian state's police force became the first to utilize drones for deploying tear gas shells?
Which small finance bank's MD & CEO, Inderjit Camotra, was reappointed by the Reserve Bank of India for an additional two years?
Relevant for Exams:
