Question : Capital budget includes
 

Option 1: Capital receipts 
 

Option 2: Capital expenditure 
 

Option 3: Both A and B
 

Option 4: Neither A nor B
 

Question : Components of budget includes
 

Option 1: Revenue budget
 

Option 2: Capital budget
 

Option 3: Both A and B
 

Option 4: Neither A nor B
 

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 : _________________ 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 : Transfer receipts includes ____________________.
 

Option 1: Current transfers
 

Option 2: Capital transfers
 

Option 3: Both A and B
 

Option 4: Neither A nor B