Macro

Government Budget

Easy

Revenue receipts are those receipts which___________.

Reduce the liability of the government

Increases the assets of the government

Do not lead to a claim on the government

Debt creating receipts

✅ Correct Option: 3

Revenue receipts are non-redeemable: they neither create a liability (claim) on the government nor reduce its assets, e.g. tax revenue and interest receipts. Receipts that reduce assets or create liabilities, such as borrowings and disinvestment, are capital receipts. Hence option 3.

2025: 29 May Shift 1

Which of the following are features of fiscal policy?

(A) Taxes and government spending are tools of fiscal policy.

(B) It is implemented by the central bank.

(D) It involves adjustments in public debt.

Choose the correct answer from the options given below:

2022: 10 Aug Shift 2

'Rs. 48,000 cr is allotted for PM Awas Yojana in this years budget'.

Identify the government objective fulfilled from the statement above.

2026: 11 May Shift 2

Identify Capital Receipt from the following:

2025: 27 May Shift 2

Consumers will not voluntarily pay for what they can get for free and for which there is no exclusive title to the property being enjoyed. These non-paying users are known as....?

2022: 19 July Shift 2

Public Goods are always :

2025: 13 May Shift 2

The government can change the distribution of income and bring about a distribution that is considered 'fair' by society. This policy decision is called ........

Revenue receipts are those receipts which___________.

Solution

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