Question : Which of the following is a revenue receipts?
Option 1: Profit of public sector undertaking
Option 2: Sale of public sector undertaking
Option 3: Disinvestment
Option 4: Rise from sale of shares of public sector undertaking
Correct Answer: Profit of public sector undertaking
Solution : Profit of public sector undertaking is a revenue receipts as it neither creates liability nor reduces any assets of the government. Rest all three are capital receipt. Hence Option A is correct.
Option 1: Loans recovered from public sector enterprises
Option 2: Loans taken from USA for the developmental projects
Option 3: Sale of shares of public sector undertakings
Option 4: License and court fees received by the government
Option 1: Financial help from a multinational company for victims of flood affected.
Option 2: Loan take it from Japan for construction of Metro.
Option 3: Funds taken from public in the form of national savings certificates.
Option 4: Sale of 40% of shares of public sector undertakings.
Question : Which of the following statement are true?
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 : Which of the following is an example of revenue receipt of the government?
Option 1: Receipts from sale of shares of public sector companies
Option 2: Recovery of loans
Option 3: GST collected by the government
Option 4: Borrowings from public
Question : Disinvestment refers to the sale of government equity or shares in:
Option 1: Public sector enterprises
Option 2: Private sector enterprises
Option 3: Foreign sector enterprises
Option 4: Cooperative sector enterprises
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