WBCS.LIVE practice question

Which of the following is not a capital receipt in the government budget?

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

Answer options

  1. Loan recoveries
  2. Provident fund deposits
  3. PSU disinvestment
  4. Grants

Correct answer and explanation

Correct answer: Grants

Explanation: Grants are not capital receipts, as they are non-repayable transfers, unlike loans, disinvestments, or deposits.. 📚 Other Information: ▪️Capital Receipts: Loans, recoveries, PSU disinvestment. ▪️ Revenue Receipts: Taxes, grants, interest income. ▪️ Grants increase revenue but do not create liabilities.