Advertisements
Advertisements
प्रश्न
Revenue receipts in the government's budget:
पर्याय
create liability
reduce liability and create assets
reduce assets
keep liability and assets unaltered
उत्तर
keep liability and assets unaltered
Explanation:
Revenue receipts in the government's budget relate to the income received by the government from various sources, including tax and non-tax revenue. These receipts do not create liabilities because they are not borrowed funds nor do they create assets; rather, they are recorded as an increase in the government's financial resources. As a result, they neither create liabilities nor alter assets directly.
APPEARS IN
संबंधित प्रश्न
What are the main components of budget.
Define or explain the concept of Deficit budget .
Define or Explain.
Plan expenditure
Give reason of Explain the statement
Revenue receipts and Revenue expenditure is known as Revenue Budget.
Give reason of Explain the statement
Government revenue is more than government expenditure.
Distinguish between:
Revenue budget and capital budget
Write short note on:
Capital expenditure
One of the two components of government budget is ______.
One of the two components of the Revenue budget is ______.
One of the other two components of Revenue budget is ______.
One of the two components of Capital budget is ______.
|
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 percentage change in the Non-Tax Revenue, between 2019-20 (Actual) and 2020- 21(Budgeted Estimate), taking 2019-20 as base, would be ____________.
|
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 | |
Identify which of the following is not an example of tax revenue for the government:
What are the objectives of budgetary policies?
Match the following
| A. | It does not create assets for the government | a. | fiscal deficit |
| B. | It results in the creation of assets. | b. | Revenue expenditure |
| C. | It is the excess of total expenditure over total receipts. | c. | Capital expenditure |
Which is a component of the Budget?
How are revenue receipts different from capital receipts in a budget? Give one example of each receipt.
