CBSE BOARD XII, asked by yrishu009, 5 months ago

Loans from world bank is a revenue receipt. Explain this statement in brief? For 3 marks

Answers

Answered by Anonymous

Answer:

Money borrowed from World Bank at low interest rate creates liability or reduce assets and thus treated as capital receipt. Grants are counted as revenue receipts.

Answered by krishankumarmeel31

Explanation:

Money borrowed from World Bank at low interest rate creates liability or reduce assets and thus treated as capital receipt. Grants are counted as revenue receipts.

Previous Question

Next Question

Similar questions

Physics, 2 months ago

Q. 1 Which of the following is a 1 point fundamental unit ? * O CM OKg O Centigrate O Volt...

English, 2 months ago

Q:A word used with a noun to describe or point out, the person, animal, place or thing which the noun names, or tell the number or quantity, is called__...

Physics, 2 months ago

Q1.The HCF of two numbers is 9 and their LCM is 36. If one of numbers is 12. Find the other?

Chemistry, 5 months ago

what is raoults law for liquid liquid solution...

Social Sciences, 5 months ago

उद्योगों की स्थापना से क्या लाभ है...

Chemistry, 10 months ago

Explain why on addition of 1 mol of NaCl to 1 litre of water, the boiling point of water increase while addition of 1 mol of methyl alcohol to one litre of water decreases its boiling point.

Math, 10 months ago

If Sin (Θ ₊ 55⁰) = Cos (7 Θ ₋ 5⁰) than the value of Θ is (a) 5⁰ (b) 10⁰ (c) 20⁰ (d) 25⁰...

English, 10 months ago

QZ: Fill in the blanks with the correct form of the verb: Herbie loves trains! He first - (SEE) a train when he was five years old and he - BE absolutely fascinated. He _ (GO) to a different train station every week and - WRITE down the engine number of every train he sees. He - (DO) this since he was seven. By the üme he left school he - (COLLECT) over 5000 different engine numbers from all over...