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RITURAJ

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· 1 Months ago

Capital Receipts (Question: 198525.0 )

Disinvestment are capital receipts

http://www.yourarticlelibrary.com/economics/budgeting/capital-receipts-meaning-conditions-and-sources/30408/

Question:
Which one of the following is not the component of Revenue Receipts of Union Government ? 
Options:
A) Corporate tax receipts
B) Dividends and profits
C) Disinvestment receipts
D) Interest receipts
Solution:
Ans:(c) The Central government collects revenue in the form of various taxes such as income tax, corporate tax, customs duty, excise duty, service tax, expenditure tax, wealth tax, interest tax, etc. Disinvestment receipt is not the component of Revenue Receipts of Union Government.

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