Question : Which of the following statement are true?

1. Defence capital equipment purchased from Russia is a capital expenditure.
2. Grants given to state government is a revenue 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. Profit of public sector undertaking is a revenue receipts.
2. Disinvestment 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.

Question : Which of the following statement are true?

1. Corporate tax is revenue receipts.
2. Tax receipt is a capital receipt