Question

    Which of the following are those receipts that do not incur any future repayment burden for the government?

    A Market borrowings Correct Answer Incorrect Answer
    B National Savings Certificates Correct Answer Incorrect Answer
    C Recovery of loans Correct Answer Incorrect Answer
    D Profits from PSU Correct Answer Incorrect Answer
    E Non-debt receipts Correct Answer Incorrect Answer

    Solution

    Non-debt receipts are those receipts that do not incur any future repayment burden for the government. Almost 75 percent of the total budget receipts are non-debt receipts.

    Practice Next

    Relevant for Exams: