Question:

Disinvestment receipts from the sale of a government company.

Show Hint

Revenue receipts do not affect assets or liabilities, whereas Capital receipts involve changes in the government's financial structure.
Updated On: Jan 30, 2025
Hide Solution
collegedunia
Verified By Collegedunia

Solution and Explanation

Disinvestment involves the sale of government assets, leading to a reduction in government ownership. It is a non-recurring transaction impacting the capital base, classifying it as a capital receipt.
Was this answer helpful?
0
0

Questions Asked in CBSE CLASS XII exam

View More Questions