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प्रश्न
Distinguish between revenue receipts and capital receipts in a government budget. Give example in each case.
Distinguish between revenue receipts and capital receipts of the government, with suitable examples.
उत्तर
| S. No. | Basis of Difference | Capital Receipts | Revenue Receipts |
| 1. | Meaning | These refer to those government receipts that cause a reduction in government assets and also create liability for the government. | These refer to those government receipts that neither create any liability nor they create any reduction in the government assets. |
| 2. | Reduction in Assets | They cause a reduction in the assets of the government. | They do not cause any reduction in the assets of the government. |
| 3. | Creation of Liability | They create liability for the government. | They do not create any liability for the government. |
| 4. | Example | Recovery of loans is a capital receipt. | Tax receipts are revenue receipts. |
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संबंधित प्रश्न
What are revenue receipts in a government budget?
What are non-debt creating capital receipts? Give two examples of such receipts
Is the following a revenue receipt or a capital receipt in the context of government budget and why?
Tax receipts
Answer the following question.
How are capital receipts different from revenue receipts? Discuss briefly.
Answer the following question.
State any two examples of non-tax revenue receipts of the government.
Answer the following question.
What are capital receipts?
Giving reasons, classify the following into revenue receipts and capital receipts :
Recovery of loans
Classify the following statement as a revenue receipt or capital receipt. Give valid reasons in support of your answer.
Financial help from a multinational corporation for victims in a flood-affected area.
Classify the following statement as a revenue receipt or capital receipt. Give valid reasons in support of your answer.
Sale of shares of a Public Sector Undertaking (PSU) to a private company, Y Ltd.
Classify the following statement as a revenue receipt or capital receipt. Give valid reasons in support of your answer.
Dividends paid to the Government by the State Bank of India.
Classify the following statement as a revenue receipt or capital receipt. Give valid reasons in support of your answer.
Borrowings from the International Monetary Fund (IMF).
Giving reasons, classify the following into revenue receipts and capital receipts :
Profits of public sector undertakings
Giving reasons, classify the following into revenue receipts and capital receipts :
Borrowings
|
2019-2020 वास्तविक Actuals |
||
| 1. | Revenue Receipts | 1684059 |
| 2. Tax Revenue (Net Tax Revenue) | 1356902 | |
| 3. Non-Tax Revenue | 327157 | |
| 4. | Capital Receipts | 1002271 |
| 5. Recovery of Loans | 18316 | |
| 6. Others Receipts | 50304 | |
| 7. Borrowings and Other Liabilities | 933651 | |
| 8. | Total Receipts (1 + 4) | 2686330 |
| 9. | Total Expenditure (10 + 13) | 2686330 |
| 10. On Revenue Account | 2350604 | |
The value of recovery of loans has ____________ crores between 2019 - 20 (Actual) and 2020 - 21 (Budgeted Estimate).
Identify the correctly matched pair of items in Column A to that in Column B:
| Column I | Column II |
| 1. Income tax | (a) Revenue receipts |
| 2. Corporation tax | (b) Capital receipts |
| 3. Machinery | (c) Revenue expenditure |
| 4. Borrowing | (d) Revenue receipts |
Which of the following is not a revenue receipt?
Which of the following is not a revenue receipt?
"In the Annual Budget 2022-23, the Government of India set up disinvestment targets of ₹ 65,000 crore".
Such proceeds from disinvestment can be classified as ______ receipts in the Government Budget as it leads to ______ of the Government.
