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Question
Which of the following is not the source for capital receipt of the government?
Options
Dividend from public sector undertakings
Recovery of loans
Sale of shares of public sector undertaking
Market borrowings
MCQ
Solution
Dividend from public sector undertakings
Explanation:
Revenue receipts are government receipts that do not create liabilities for the government or cause a reduction in the government's assets. Both conditions must be met in order for revenue to be received. Items that are repetitive and routine in nature are included in revenue receipts. Divided from public sector undertaking is a recurring source of revenue receipt for the government.
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Classification of Receipts
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