Question : Transfer receipts includes ____________________.
Option 1: Current transfers
Option 2: Capital transfers
Option 3: Both A and B
Option 4: Neither A nor B
Correct Answer: Both A and B
Solution : Transfer receipt includes current transfer and capital transfers. Current transfers includes old age pension, unemployment allowances, etc. Capital transfers includes, investment grants, capital gain tax, etc. Hence, Option C is correct.
Question : Capital budget includes
Option 1: Capital receipts
Option 2: Capital expenditure
Question : Revenue budget includes
Option 1: Revenue receipts
Option 2: Revenue expenditure
Question : Components of budget includes
Option 1: Revenue budget
Option 2: Capital budget
Question : Fill in the blanks- Recovery of loan is a ________ receipts.
Option 1: Revenue
Option 2: Capital
Option 4: Neither A nor B.
Question : Fill in the blanks- Disinvestment is a ________ receipts.
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