Question:
Which of the following is not an example of revenue receipts of the government?
Which of the following is not an example of revenue receipts of the government?
Updated On: Nov 4, 2024
- Income tax
- Goods and services tax
- Recovery of loans
- Interest received on loans
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The Correct Option is C
Solution and Explanation
Recovery of loans is a capital receipt because it involves repayment of previous lending.
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