UTpaper

Free mock tests & test series

Question 30Asked in DSSSB TGT Computer Science, 25 Jun 2023, Shift 2 (12:30 PM)

The receipts which neither create any liability nor reduce the assets of the

The receipts which neither create any liability nor reduce the assets of the government are called ______.
  1. Aself-assessed receipts
  2. Brevenue receipts
  3. Ccapital receipts
  4. Dstandard receipts
Show answerHide answer

Correct answer: (B) revenue receipts

Explanation

Revenue receipts (tax and non-tax revenue) neither create a liability nor reduce assets. Capital receipts, such as borrowings or disinvestment, do one of the two.

From DSSSB TGT Computer Science PYQ, 25 Jun 2023, Shift 2 (12:30 PM)

This is question 30 of DSSSB TGT Computer Science PYQ, 25 Jun 2023, Shift 2 (12:30 PM). See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.