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 : Non-tax revenue is part of ______.

Option 1: Revenue expenditure

Option 2: Revenue receipts

Option 3: Capital expenditure

Option 4: Capital receipts

Question : Which of the following is not a capital expenditure?

Option 1: Loans and advances by the central government

Option 2: Expenditure on the acquisition of land

Option 3: Investment in shares

Option 4: Subsidies payment

Question : In India, which of the following taxes is levied by the state government?

Option 1: Excise duty on liquor

Option 2: Capital gains tax

Option 3: Customs tax

Option 4: Corporation tax

Question : Scheduled bank is a bank which is:

Option 1: nationalised

Option 2: not nationalised

Option 3: based on the foreign country

Option 4: included in the second schedule of RBI