Question : Capital budget includes
Option 1: Capital receipts
Option 2: Capital expenditure
Option 3: Both A and B
Option 4: Neither A nor B
Correct Answer: Both A and B
Solution : Capital budget includes capital receipts and capital expenditure. Capital budget is the statement of estimated capital receipts and estimated capital expenditure during the fiscal year. Hence, Option C is correct.
Question : Revenue budget includes
Question : Components of budget includes
Question : Transfer receipts includes ____________________.
Question : ___________________________ refers to those expenditure which neither creates any assets nor causes reduction in any liabilities of the government.
Question : _________________ refers to those receipt which neither creates a liability nor causes a reduction in the assets of the government.
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