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Government Budget: Receipts & Expenditure · Question 14 of 57

What are the government's revenue receipts?

Question 14

MediumOriginal question

A government's receipts for a year:

Item₹ crore
Tax revenue1,500
Non-tax revenue300
Borrowings800
Recovery of loans50
Disinvestment70

What are the government's revenue receipts?

Options for question 14

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. 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 time
70 s
Your time
—
The rule this testsRevenue receipts: tax and non-tax
Practise this chapter →

Ten questions from Government Budget: Receipts & Expenditure, at your own pace.

Practise this chapter →

Ten questions from Government Budget: Receipts & Expenditure, at your own pace.