Question : _________________ refers to those receipt which neither creates a liability nor causes a reduction in the assets of the government.
 

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.
 

Option 1: Capital receipts 
 

Option 2: Capital expenditure 
 

Option 3: Revenue receipts 
 

Option 4: Revenue expenditure.
 

Question : ___________________________ refers to those expenditure which neither creates any assets nor causes reduction in any liabilities of the government.
 

Option 1: Capital receipts 
 

Option 2: Capital expenditure 
 

Option 3: Revenue receipts 
 

Option 4: Revenue expenditure.
 

Question : ________________  gives a warning signal to the government to either curtail its expenditure or increases its revenue.
 

Option 1: Capital deficit
 

Option 2: Revenue deficit
 

Option 3: Revenue expenditure
 

Option 4: Revenue receipts.
 

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.