__________ is a revenue receipt of the Government. Option 1: Profits of LIC, a public enterprise Option 2: Amount borrowed from Japan for construction of Bullet Train Option 3: Recovery of loans Option 4: Sale of 40% shares of a public sector undertaking to a private enterprise

The answer is 'Profits of LIC, a public enterprise'. View full solution:

CUET Economics - __________ is a revenue receipt of the Government. | PYQs + Solutions

CUET Economics

Macro

Easy

Profits of LIC, a public enterprise

Amount borrowed from Japan for construction of Bullet Train

Recovery of loans

Sale of 40% shares of a public sector undertaking to a private enterprise

✅ Correct Option: 1

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The excess of Government's Revenue Expenditure over Revenue Receipts is called...............

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The government imposes taxes that do not depend on income, called?

26 May Shift 2

Match list I with List II in the context of the Government Budget:

List-I	List-II
(A) Purchase of stocks of a private company by the general government	(I) Capital receipts
(B) Sale of equity of a public sector enterprise to private sector	(II) Revenue receipts
(C) Payment of interest by the government on loans from financial institutions	(III) Capital expenditure
(D) Stamp duty received by the government on property transactions in the country	(IV) Revenue expenditure

Choose the correct answer from the options given below: