Advertisements
Advertisements
Question
What are non-debt creating capital receipts? Give two examples of such receipts
Solution
Non-debt creating capital receipts are those receipts which are not borrowings and hence do not give rise to debt. For example:
1) Sale of shares: A receipt from the sale of shares of public enterprise is a capital receipt as it leads to the reduction in assets of the government and disinvestment.
2) Recovery of loans: Government grant loans to state government or union territories. Recovery of these loans is a capital receipt as it reduces the assets of the government.
APPEARS IN
RELATED QUESTIONS
Is the following a revenue receipt or a capital receipt in the context of government budget and why?
Disinvestment
Answer the following question.
State any two examples of non-tax revenue receipts of the government.
Answer the following question.
What are capital receipts?
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
Which of the following is a non-tax receipt?
Which of the following are capital receipts of the government?
Which of the following is not a revenue receipt?
|
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 the source for capital receipt of the government?
"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.
