1
Question
Which of the following form a part of the capital receipts of the central government?
1. Recoveries of loans and advances.
2. GST receipts.
3. External grants.
Select the correct answer using the codes given below.
Which of the following form a part of the capital receipts of the central government?
1. Recoveries of loans and advances.
2. GST receipts.
3. External grants.
Select the correct answer using the codes given below.
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Solution
The correct option is D 1 and 3
The capital receipts are loans raised by Government from public, called market loans, borrowings by Government from Reserve Bank and other parties through sale of Treasury Bills, loans received from foreign Governments and bodies, disinvestment receipts and recoveries of loans from State and Union Territory Governments and other parties.
The capital receipts are loans raised by Government from public, called market loans, borrowings by Government from Reserve Bank and other parties through sale of Treasury Bills, loans received from foreign Governments and bodies, disinvestment receipts and recoveries of loans from State and Union Territory Governments and other parties.
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