Question 14
MediumOriginal questionA government's receipts for a year:
| Item | ₹ crore |
|---|---|
| Tax revenue | 1,500 |
| Non-tax revenue | 300 |
| Borrowings | 800 |
| Recovery of loans | 50 |
| Disinvestment | 70 |
What are the government's revenue receipts?
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
Revenue receipts = tax revenue + non-tax revenue = 1,500 + 300 = ₹1,800 crore.
Worth noting
₹1,920 crore wrongly adds recovery of loans and disinvestment, which are capital receipts.
- Concept
- Total revenue receipts
- Typical timeTypical
- 70 s
- Your timeYours
- —
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Ten questions from Government Budget: Receipts & Expenditure, at your own pace.