Match List - I with List - II.
List - I List - II (A) Revenue Receipts (I) Expense on functions of government (B) Capital Expenditure (II) Disinvestment (C) Capital Receipts (III) Tax Revenue (D) Revenue Expenditure (IV) Expenses on building and machinery
Choose the correct answer from the options given below :
Match List - I with List - II.
| List - I | List - II |
|---|---|
| (A) Revenue Receipts | (I) Expense on functions of government |
| (B) Capital Expenditure | (II) Disinvestment |
| (C) Capital Receipts | (III) Tax Revenue |
| (D) Revenue Expenditure | (IV) Expenses on building and machinery |
Choose the correct answer from the options given below :
Solution
✅ Correct Option: 3
Revenue Receipts include tax revenue (III). Capital Expenditure includes expenses on buildings and machinery (IV) which create assets. Capital Receipts include disinvestment (II) which reduces government liabilities or assets. Revenue Expenditure covers normal functioning of government (I). Hence A-III, B-IV, C-II, D-I.
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