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Question :  All those elements which create liability and decrease the assets of government are known as

Option 1: Capital Receipts

Option 2: Capital Payments

Option 3: Revenue Receipts

Option 4: Revenue Payments


Team Careers360 4th Jan, 2024
Answer (1)
Team Careers360 14th Jan, 2024

Correct Answer: Capital Receipts


Solution : Capital receipt is that receipt which create liability and decrease the asset of the government.

 

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