Question : All those elements which create liability and decrease the assets of government are known as
Option 1: Capital Receipts
Option 2: Capital Payments
Option 3: Revenue Receipts
Option 4: Revenue Payments

Question

Question : All those elements which create liability and decrease the assets of government are known as

Option 1: Capital Receipts

Option 2: Capital Payments

Option 3: Revenue Receipts

Option 4: Revenue Payments

Team Careers360 · Accepted Answer

Correct Answer: Capital Receipts

Solution : Capital receipt is that receipt which create liability and decrease the asset of the government.

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Question : All those elements which create liability and decrease the assets of government are known asOption 1: Capital ReceiptsOption 2: Capital PaymentsOption 3: Revenue ReceiptsOption 4: Revenue Payments

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Question : All those elements which create liability and decrease the assets of government are known as
Option 1: Capital Receipts
Option 2: Capital Payments
Option 3: Revenue Receipts
Option 4: Revenue Payments

Question :
Identify the correct sequence of the Selection process :