Question : Which of the following is a revenue receipts?
Option 1: Profit of public sector undertaking
Option 2: Sale of public sector undertaking
Option 3: Disinvestment
Option 4: Rise from sale of shares of public sector undertaking
Correct Answer: Profit of public sector undertaking
Solution : Profit of public sector undertaking is a revenue receipts as it neither creates liability nor reduces any assets of the government. Rest all three are capital receipt. Hence Option A is correct.
Question : Which of the following statement are true?
Question : Which of the following is an example of revenue receipt of the government?
Question : Disinvestment refers to the sale of government equity or shares in:
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