Economics · Government Budgeting
Consider the following statements regarding the classification of Capital Receipts in the Union Budget: Statement I: Disinvestment proceeds from the sale of shares in Public Sector Undertakings (PSUs) are classified as Capital Receipts because they reduce government financial assets. Statement II: All open-market borrowings raised by the government through dated securities are classified as Debt-creating Capital Receipts because they increase public debt. Statement III: Recovery of loans granted by the Central Government to State Governments is classified as a Revenue Receipt. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1I, II and III
- 2Only II and III
- 3Only I and II✓
- 4Only I
Correct answer
Only I and II
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Government Budgeting MCQs →Want more practice questions on Government Budgeting?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Government Budgeting