Question : Which of the following is a revenue receipts?

Option 1: Loans recovered from public sector enterprises

Option 2: Loans taken from USA for the developmental projects

Option 3: Sale of shares of public sector undertakings
Option 4: License and court fees received by the government

Question

Question : Which of the following is a revenue receipts?

Option 1: Loans recovered from public sector enterprises

Option 2: Loans taken from USA for the developmental projects

Option 3: Sale of shares of public sector undertakings

Option 4: License and court fees received by the government

Team Careers360 · Accepted Answer

Correct Answer: License and court fees received by the government

Solution : License and court fees received by the government is a revenue receipts as it neither creates liability nor reduces any assets of the government. Rest all three are capital receipt.
Hence Option D is correct.

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Question : Which of the following is a revenue receipts? Option 1: Loans recovered from public sector enterprises Option 2: Loans taken from USA for the developmental projects Option 3: Sale of shares of public sector undertakingsOption 4: License and court fees received by the government

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Question : Which of the following is a revenue receipts?

Option 1: Loans recovered from public sector enterprises

Option 2: Loans taken from USA for the developmental projects

Option 3: Sale of shares of public sector undertakings
Option 4: License and court fees received by the government