WBCS.LIVE practice question

Which of the following is an example of a non-debt capital receipt in the government budget?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Sale of government-owned land
  2. Loans from international financial institutions.
  3. Interest payment on government bonds
  4. Tax revenue collected from citizens

Correct answer and explanation

Correct answer: Sale of government-owned land