All those elements which create liability and decrease the assets of government are known as : Option 1: Capital Receipts Option 2: Capital Payments Option 3: Revenue Receipts Option 4: Revenue Payments

The answer is 'Capital Receipts'. View full solution:

CUET Economics - All those elements which create liability and decrease the assets of government are known as : | PYQs + Solutions

CUET Economics

Macro

Easy

Capital Receipts

Capital Payments

Revenue Receipts

Revenue Payments

✅ Correct Option: 1

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