Question

The sale proceeds of the government bonds come under the budget head of

Answer 1

The answer for the above asked question is as following :-

- The sale proceeds of the government bonds come under the budget head of Current expenditure.

This question asked comes under the category with 4 different options, revenue receipts, capital receipts, capital outlay and current expenditure.

the correct answer is current expenditure, which refers to an expenditure done on goods and services which are consumed within a  current year.  This needs to be made recurrent to sustain the production of  services such as education, etc.

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Answer 2

The sale proceeds of the government bonds come under the budget head of capital receipts.

Explanation:

• Government bond sales proceeds come under the budget head of current receipts. That query is included in the context of four different options, tax income, capital expenditures, capital outlay, and current spending.
• The current receipts, relating to expenditure on goods and services spent within a year. This needs to be made recurrent in order to sustain service products such as education etc.

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