Question : Which of the following statement are true?

1. Expenditure on scholarship is a capital expenditure.
2. Subsidies is a revenue expenditure

Question : Which of the following statement are true?

1. Grants received from World Bank is the revenue receipt.
2. Sale of public sector undertaking is a capital receipt.

Question : Which of the following statement are true?

1. Profit of public sector undertaking is a revenue receipts.
2. Disinvestment is a capital expenditure.

Question : Which of the following statement are true?

1. Repayment of loan is a capital expenditure
2. Expenditure on building a bridge is a capital expenditure.

Question : Which of the following statement are true?

1. Foreign aid against earthquakes victim is revenue expenditure.
2. Dividends on investment made by government is capital receipts.