Question

CLASS 12 ECONOMICS -

Q ........................................ (choose the correct alternative) is a revenue receipt of the

government.

a) Funds raised by the government by issuing National Saving Certificates

b) Sale of 40% shares of a public sector undertaking to a private enterprise

c) Profits of LIC, a public enterprise

d) Amount borrowed from Japan for construction of Bullet Train.

Answer 1

D is the correct answer

Answer 2

"The correct alternative to the statement – option – d - amount borrowed from Japan for construction of Bullet Train is a revenue receipt of the government.

For building our own bullet train Indian government has recently taken money from Japan.

The bullet train is said to run between Mumbai and Ahmdabad at 200 miles per hour and it might start by 2022.    

"