Government Budget and the Economy-Classification of Receipts (CBSE Class-12 Economics): Questions 1 - 3 of 3

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Question number: 1

» Government Budget and the Economy » Classification of Receipts

One Liner Question▾

Write in Brief

State any two sources of non-tax revenue receipts.

Question number: 2

» Government Budget and the Economy » Classification of Receipts

One Liner Question▾

Write in Brief

Categorize the following government receipts into revenue and capital receipts Give reasons for your answer.

(a) Receipts from sale of shares of a public sector undertaking.

(b) Borrowings from public.

(c) Profits of public sector undertaking

Question number: 3

» Government Budget and the Economy » Classification of Receipts

Short Answer Question▾

Write in Short

Categories the following government receipts into revenue and capital receipts. Give reasons for your answer.

(a) Receipts from sale of shares of a public sector undertaking.

(b) Borrowings from public.

(c) Profits of public sector undertakings.

(d) Income tax received by government.

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