Which of the following creates liability for the government?
Revenue Receipt
Revenue Expenditure
Capital Receipt
All of the above
Capital receipts are those receipts of the government which either create a liability or causes a reduction in the assets of the government.
Which among the following statement(s) is/ are correct?
Codes :
1 only
3 only
1 and 2 only
2 and 3 only
Find budget deficit from the following data:
Items (Rs in crore)
(i) Revenue receipts 40,000
(ii) Revenue expenditure 30,000
(iii) Capital receipts 30,000
(iv) Capital expenditure 50,000
The government budget of a hypothetical economy presents the following information, which of the following value represents Budgetary Deficit? (all fig. in crores of Rupees).
A. Revenue Expenditure = 25,000
B. Capital Receipts = 30,000
C. Capital Expenditure = 35,000
D. Revenue Receipts = 20,000
E. Interest Payments = 10,000
F. Borrowings = 20,000