(1)
9. Which of the following is a capital receipt in the Government Budget ?
(a) Income tax
(b) Interest receipt
(c) Sale of shares of a Public Sector Undertaking (PSU) to X Limited (Private Company)
(d) Dividends from a Public Sector Undertaking (PSU)
10. State any two factors resnansible for inflow of foreign currency
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Concept Introduction: Capital Receipt is receipt of the government money spend on something.
Explanation:
We have been Given: Which of the following is a capital receipt in the Government Budget ?
- Income tax
- Interest receipt
- Sale of shares of a Public Sector Undertaking (PSU) to X Limited (Private Company)
- Dividends from a Public Sector Undertaking (PSU)
State any two factors resnansible for inflow of foreign currency.
We have to Find: Which option is correct and the 2 factors responsible for inflow of Foreign Currency.
Option No. 3 is correct i.e., Sale of Shares of a Public Sector Undertaking(PSU) to X Limited(Private Company).
The 2 factors responsible for inflow of Foreign Currency:
- Tourism
- Export and Import of Materials
Final Answer: Option No.3 is correct i.e., Sale of Shares of a Public Sector Undertaking (PSU) to X Limited (Private Company).
The 2 factors responsible for inflow of Foreign Currency:
- Tourism
- Export and Import of Materials
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