1.

The budget broadly comprises:(i) revenue budget, and(li) capital budget. Which of thefollowing item or items is/are not covered under the revenue budget?I. Different proceeds of taxes and other duties levied by the governmentII. Interest and dividend on investments made by the governmentIII. Expenditure on running the government and various servicesIV. Market loans raised by the government

A. III and IV
B. II and III
C. only II
D. only IV
Answer» E.


Discussion

No Comment Found

Related MCQs