Question
Which of the following is/are types of Budget?
- Capital budget
- Revenue budget
Answer: Option A
Answer: (a)
There are two types of budgets
i.e., Revenue budget and Capital budget. The revenue budget contains all current receipts, such as taxation, (central excise, customs duty, corporation tax) dividends of public sector units (PSU’s) and expenditure of the government.
The capital budget consists of all capital receipts and expenditures such as domestic and foreign loans, loan repayment, foreign and etc.
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Answer: (a)
There are two types of budgets
i.e., Revenue budget and Capital budget. The revenue budget contains all current receipts, such as taxation, (central excise, customs duty, corporation tax) dividends of public sector units (PSU’s) and expenditure of the government.
The capital budget consists of all capital receipts and expenditures such as domestic and foreign loans, loan repayment, foreign and etc.
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