Question : Which of the following statements are true?
Statement 1- Small savings are treated as revenue receipts.
Statement 2- Disinvestment is a part of the revenue expenditure
Option 1: Both are true .
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 2 is true and statement 1 is false.
Answer (1)
24th Jan, 2024
Correct Answer:
Both are false
Solution :
Small savings are treated as capital receipts, as it increases the liability.
Disinvestment is a part of the capital revenue, As it reduces government assets.
Hence option B is correct.
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