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One of the two components of Revenue budget are
- a)Investment receipts
- b)Revenue receipts
- c)Expenditure receipts
- d)Income receipts
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
One of the two components of Revenue budget area)Investment receiptsb)...
Revenue budget consists of the revenue receipts of the government (tax revenues and other revenues) and the expenditure met from these revenues.
Revenue receipts are divided into tax and non-tax revenue.
► Tax revenue is the income that is gained by governments through taxation. Taxes such as income tax, corporate tax, custom duties, excise and other duties levied by the government.
Other revenues are receipts of the government mainly consisting of interest and dividend on investments made by the government, and fees and receipts for other services rendered by the government.
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Community Answer
One of the two components of Revenue budget area)Investment receiptsb)...
Correct option is (b)
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One of the two components of Revenue budget area)Investment receiptsb)Revenue receiptsc)Expenditure receiptsd)Income receiptsCorrect answer is option 'B'. Can you explain this answer?
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One of the two components of Revenue budget area)Investment receiptsb)Revenue receiptsc)Expenditure receiptsd)Income receiptsCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about One of the two components of Revenue budget area)Investment receiptsb)Revenue receiptsc)Expenditure receiptsd)Income receiptsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for One of the two components of Revenue budget area)Investment receiptsb)Revenue receiptsc)Expenditure receiptsd)Income receiptsCorrect answer is option 'B'. Can you explain this answer?.
One of the two components of Revenue budget area)Investment receiptsb)Revenue receiptsc)Expenditure receiptsd)Income receiptsCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about One of the two components of Revenue budget area)Investment receiptsb)Revenue receiptsc)Expenditure receiptsd)Income receiptsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for One of the two components of Revenue budget area)Investment receiptsb)Revenue receiptsc)Expenditure receiptsd)Income receiptsCorrect answer is option 'B'. Can you explain this answer?.
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