Question:
Which of the following is not true for capital receipts ?
Which of the following is not true for capital receipts ?
Updated On: Sep 19, 2024
- They are regular and recurring in nature
- They either create any liability or reduce any asset of government
- E.g Loans and Borrowings
- They relate to future obligation to return or disinvestment of assets
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The Correct Option is A
Solution and Explanation
The correct option is (A) :They are regular and recurring in nature
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