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Question
One of the two components of the Revenue budget is ______.
Options
Expenditure receipts
Investment receipts
Revenue receipts
Income receipts
MCQ
Fill in the Blanks
Solution
One of the two components of the Revenue budget is revenue receipts.
Explanation:-
Government revenue receipts can be defined as money received that does not result in an obligation or a reduction in the government's assets.
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Components of Budget
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