EduFarming
Your list · 0हिं

Type at least two letters. Press Esc to close.

↑↓ navigate↵ openTAB cycle filter

Government Budget: Receipts & Expenditure · Question 38 of 57

Question 38

HardOriginal question

Read the two statements and choose the correct option.

I. Disinvestment is a non-debt capital receipt.

II. Market borrowing is a non-debt capital receipt.

Options for question 38

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. Selling shares reduces assets but creates no debt. I is true.

  2. Borrowing is debt by definition. II is false.

Concept
Debt and non-debt receipts
Typical time
100 s
Your time
—
The rule this testsCapital receipts
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.

Practise this chapterAll 57 questions in Government Budget: Receipts & ExpenditureRevise the notes for Government Budget: Receipts & Expenditure