Question : Which of the following statement are true?

1. Recovery of loan is a capital receipt.
2. Interest received in loans is a capital receipts.

Option 1: Both are true.
 

Option 2: Both are false.
 

Option 3: Statement 1 is true, statement 2 is false.
 

Option 4: Statement 1 is false, statement 2 is true.
 

Question : From the following data calculate fiscal deficit-
Tax revenue- 1050
Revenue expenditure- 2000
Non-tax revenue- 200
Recovery of loans- 120
Capital expenditure- 500
Disinvestment- 50
Interest payments- 20
 

Option 1: 150
 

Option 2: 1050
 

Option 3: 1080
 

Option 4: 1850
 

Question : From the following data calculate Revenue deficit-
Tax revenue- 1050
Revenue expenditure- 2000
Non-tax revenue- 200
Recovery of loans- 120
Capital expenditure- 500
Disinvestment- 50
Interest payments- 20
 

Option 1: 550
 

Option 2: 650
 

Option 3: 750
 

Option 4: 850
 

Question : Which of the following is recurring in nature?
 

Option 1: Revenue receipts 
 

Option 2: Capital expenditure
 

Option 3: Capital receipt
 

Option 4: Both B and C.
 

Question : Recoveries of loans and advances, borrowings, are an example of ________.

Option 1: non-tax receipts

Option 2: capital receipts

Option 3: revenue receipts

Option 4: tax receipts