Question
Which of the following are revenue receipts of Central Government budget?
Select the correct answer using the code given below:
- RBI paying dividend to govt. of India
- PSUs paying dividend to govt. of India
- PSUs earnings
- Proceeds from sale of govt. land
Select the correct answer using the code given below:
Answer: Option A
Answer: (a)
Dividend paid by PSUs is revenue receipts of govt. of India. RBI is also a body corporate and owned by govt. of India and its dividend is also revenue receipts for govt. of India.
PSUs business earnings are not part of govt. of India receipts rather it belongs to the PSU. Sale of govt. the land will be a capital receipt for govt. because govt’s assets get reduced.
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Answer: (a)
Dividend paid by PSUs is revenue receipts of govt. of India. RBI is also a body corporate and owned by govt. of India and its dividend is also revenue receipts for govt. of India.
PSUs business earnings are not part of govt. of India receipts rather it belongs to the PSU. Sale of govt. the land will be a capital receipt for govt. because govt’s assets get reduced.
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