📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Which of the following is an example of revenue receipt

    in the government budget?
    A Sale of government-owned land Correct Answer Incorrect Answer
    B Repayment of a loan by a state-owned company Correct Answer Incorrect Answer
    C Dividends received from a state-owned enterprise Correct Answer Incorrect Answer
    D Borrowing money from international organisations Correct Answer Incorrect Answer

    Solution

    Revenue budget deals with receipts from taxation and non-tax sources and the expenditure met out from these sources. 2. Net recoveries of loans and advances to states are public sector enterprises form the revenue receipts of the government.

    Practice Next
    More Previous Year Paper Questions

    Relevant for Exams:

    ask-question