Capital Receipts

Q. What are capital receipts?

1. Receipts that either create liabilities or reduce assets of the government are called capital receipts.
2. Receipts that either create assets or reduce liabilities of the government are called capital receipts.
3. Tax and non-tax revenues added together are called capital receipts.
4. Tax revenues subtracted from non-tax revenues are called capital receipts.

Q. The receipts that either create liabilities or reduce assets of the government are called

1. revenue receipts
2. capital receipts
3. public debt
4. foreign remittance

Q. In the 2021–22 Budget speech, the Finance Minister announced the disinvestment of a few companies. In this context, which of the following option is right?

1. The government is planning to sell the shares or stakes of private companies.
2. The government is planning to buy more shares or stakes in private companies.
3. The government is planning to buy more shares or stakes in public companies.
4. The government is planning to sell its shares or stakes in public companies.