Government of Karnataka borrows 100 crores from the Central Government and repays 30 crores. This is added as a in the budget.

capital receipt

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revenue receipt

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non-tax revenue

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revenue expenditure

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Solution

The correct option is A capital receipt
Borrowing and repayment of loans lead to change in assets of the central government. Thus, this is a capital receipt in the budget.

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Similar questions

Karnataka Government borrows 100 crores from the Central Government and repays 30 crores. This is added as a ___ in the budget.

R s . 1, 60, 000

R s . 2, 40, 000

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