Question

    Which of the following is an example of revenue receipt

    in the government budget?
    A Sale of government-owned land Correct Answer Incorrect Answer
    B Repayment of a loan by a state-owned company Correct Answer Incorrect Answer
    C Dividends received from a state-owned enterprise Correct Answer Incorrect Answer
    D Borrowing money from international organisations Correct Answer Incorrect Answer

    Solution

    Revenue budget deals with receipts from taxation and non-tax sources and the expenditure met out from these sources. 2. Net recoveries of loans and advances to states are public sector enterprises form the revenue receipts of the government.

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