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Match the LIST-I with LIST-II

LIST-I (Budgetory transactions)LIST-II (Components)
A. Wealth taxI. Capital Expenditure
B. Sale of shares in Public Sector UndertakingsII. Revenue Receipts
C. Interest payments on debt by the governmentIII. Non-debt creating capital receipts
D. Loans and advances by the central government to stateIV. Revenue Expenditure

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 2

Wealth tax is a revenue receipt of the government (A-II). Sale of PSU shares (disinvestment) is a non-debt creating capital receipt (B-III). Interest payments on government debt are revenue expenditure (C-IV). Loans and advances by the centre to states create assets, hence capital expenditure (D-I).

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