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
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.
Question : The government's revenue receipts include ____________.
Question : The dividends received by the government from Public Sector Undertakings (PSUs) are ________.
Question : Which of the following is an example of revenue receipt of the government?
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