Question : Loan from IMF is an example of……
Option 1: Revenue receipts
Option 2: Capital receipts
Option 3: Revenue expenditure
Option 4: Capital expenditure
Correct Answer: Capital receipts
Solution : The correct answer is (b) Capital receipts.
Capital receipts refer to the inflows of funds that create liabilities or lead to a decrease in assets of the government. It includes borrowings, loans, disinvestment proceeds, and other forms of capital inflows.
When a country receives a loan from the IMF, it is considered a capital receipt because it involves borrowing funds from an external source. The loan creates a liability for the government, which will need to be repaid in the future.
Question : Expenditure by government on maintenance of transportation services and warehousing facilities in the economy is an example of
Question : Salaries, pension, interest, etc are the examples of _____________.
Option 1: Capital receipts
Option 2: Capital expenditure
Option 3: Revenue receipts
Option 4: Revenue expenditure.
Question : ___________________ refers to those expenditure which either creates an assets or causes reduction in liabilities of the government.
Question : Government is setting up Multi Skill Training Institutes in country is an example of
Option 2: Capital Receipts
Option 4: Capital Expenditure
Question : Non-tax revenue is part of ______.
Option 1: Revenue expenditure
Option 2: Revenue receipts
Option 3: Capital expenditure
Option 4: Capital receipts
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