Question : Which of the following is non-recurring in nature?
Option 1: Revenue expenditure
Option 2: Capital receipts
Option 3: Revenue receipt
Option 4: Both A and C.
Answer (1)
15th Jan, 2024
Correct Answer:
Capital receipts
Solution :
The capital receipts is non-recurring in nature. It brings change in the assets and liabilities of the government.
Hence Option B is correct.
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