Question

compare between current transfers and capital transfers?​

Answer 1

Answer:

Current transfer is made out of the current income of the donor but capital transfer is paid out of the past income. Current transfer is added to the current income of the recipitent but capital transfers contributes to the capital formation of a country.

Answer 2

Explanation:

The difference between current transfers and capital transfers are shown below:

Current transfers and Capital transfers 1. Current transfers are paid out of the current income. 1. They are paid from the past savings or wealth. 2. They add to the current income of the recipient. 2. They help in capital formation. 3. They are made in for short- term expenditure. 3. They are made for long-term expenditure.Read more on Sarthaks.com - https://www.sarthaks.com/354796/distinguish-between-current-transfers-and-capital-transfers