Question : Which of the following is recurring in nature?

Option 1: Revenue receipts

Option 2: Capital expenditure

Option 3: Capital receipt

Option 4: Both B and C.

Question

Question : Which of the following is recurring in nature?

Option 1: Revenue receipts

Option 2: Capital expenditure

Option 3: Capital receipt

Option 4: Both B and C.

Team Careers360 · Accepted Answer

Correct Answer: Revenue receipts

Solution : The revenue receipt is recurring in nature. It does not bring any change in the assets and liabilities of the government.
Hence Option A is correct.

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Question : Which of the following is recurring in nature? Option 1: Revenue receipts Option 2: Capital expenditure Option 3: Capital receipt Option 4: Both B and C.

Related Questions

Question : Which of the following is non-recurring in nature?

Question : Which of the following is non-recurring in nature?

Question : Which of the following is recurring in nature?

Question : Which of the following statements are true? Statement 1- Revenue receipt are regular and recurring in nature. Statement 2- Capital receipts are regular and non-recurring in nature.

Question : _________________ refers to those receipt which either creates a liability or causes a reduction in the assets of the government.

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Question : Which of the following is recurring in nature?

Option 1: Revenue receipts

Option 2: Capital expenditure

Option 3: Capital receipt

Option 4: Both B and C.

Question : Which of the following statements are true?

Statement 1- Revenue receipt are regular and recurring in nature.

Statement 2- Capital receipts are regular and non-recurring in nature.