Question : Fill in the blanks- Foreign aids against flood relief is a ________ receipts.
Option 1: Revenue
Option 2: Capital
Option 3: Both A and B
Option 4: Neither A nor B.
Correct Answer: Revenue
Solution : Foreign aid against flood relief is a revenue receipts because it neither reduces assets nor creates assets. Hence Option A is correct.
Question : Fill in the blanks- Recovery of loan is a ________ receipts.
Question : Fill in the blanks- Disinvestment is a ________ receipts.
Question : Revenue budget includes
Option 1: Revenue receipts
Option 2: Revenue expenditure
Option 4: Neither A nor B
Question : Fill in the blanks- Interest payment is a ________ expenditure.
Question : Fill in the blanks- Borrowings from IBD Bank is a ________ expenditure.
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