1. It consists of all capital receipts and expenditure such as domestic and foreign loans loan repayment foreign and etc. |
2. It consists of all current receipts such as taxation dividends of public sector units (PSU's) and expenditure of the government |
A) 1 only
B) 2 only
C) 1 and 2
D) Neither 1 nor 2
Correct Answer: B
Solution :
Revenue budget contains information about taxation such as central excise, custom duty, corporation tax etcYou need to login to perform this action.
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