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Question
Components of capital receipts are ________________.
Components of capital receipts are ________________.
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Solution
The correct option is D All the above
Capital receipts are all those money receipts of the government that either create a liability for the government or reduce an asset of the government. Therefore, capital receipts include small savings, market loans and provident funds.
Capital receipts are all those money receipts of the government that either create a liability for the government or reduce an asset of the government. Therefore, capital receipts include small savings, market loans and provident funds.
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