Match the LIST-I with LIST-II
LIST-I LIST-II A. Tax revenue I. Interest receipts B. Non-tax revenue II. Sale of shares in Public Sector Units C. Capital receipts III. Loans from another country D. Debt creating receipts IV. Corporation tax
Choose the correct answer from the options given below:
Match the LIST-I with LIST-II
| LIST-I | LIST-II | |
|---|---|---|
| A. Tax revenue | I. | Interest receipts |
| B. Non-tax revenue | II. | Sale of shares in Public Sector Units |
| C. Capital receipts | III. | Loans from another country |
| D. Debt creating receipts | IV. | Corporation tax |
Choose the correct answer from the options given below:
Solution
✅ Correct Option: 4
Corporation tax is tax revenue (IV). Interest receipts are non-tax revenue (I). Sale of shares in Public Sector Units (disinvestment) is a capital receipt (II). Loans from another country create debt for the government (III). Hence A-IV, B-I, C-II, D-III.
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