COMPONENTS OF GOVERNMENT BUDGET
Assessment
•
amit arora
•
Social Studies
•
12th Grade
•
37 plays
•
Hard
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15 questions
Show answers
1.
Multiple Choice
Subsidies on fertilizers is a
capital receipt
revenue receipt
capital expenditure
revenue expenditure
2.
Multiple Choice
the component of budget that creates an asset of the government is
revenue receipt
revenue expenditure
capital receipt
capital expenditure
3.
Multiple Choice
Interest paid on foreign loan is a capital expenditure.
true
false
4.
Multiple Choice
GST received by the government is a
revenue receipt
capital receipt
an indirect tax
both 1 and 3
5.
Multiple Choice
corporate tax is a direct tax.
true
false
6.
Multiple Choice
escheats are
revenue receipts
capital receipts
revenue expenditure
capital expenditure
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