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Borrowing of the Government from the capital market like borrowing by the issue of bonds
  • a)
    Revenue receipts
  • b)
    Capital receipts
  • c)
    Cash receipts
  • d)
    Credit
Correct answer is option 'B'. Can you explain this answer?
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Borrowing of the Government from the capital market like borrowing by ...
  • Statement 1 is correct: Cabinet Committees are extra-constitutional in emergence. In other words, they are not mentioned in the Constitution. However, the Rules of Business provide for their establishment.
  • Statement 2 is not correct: They are set up by the Prime Minister, not President, according to the exigencies of the time and requirements of the situation.
  • Statement 3 is not correct: Cabinet Committees usually include only Cabinet Ministers. However, the non-cabinet Ministers are not debarred from their membership.
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Borrowing of the Government from the capital market like borrowing by ...
  • Statement 1 is correct: Cabinet Committees are extra-constitutional in emergence. In other words, they are not mentioned in the Constitution. However, the Rules of Business provide for their establishment.
  • Statement 2 is not correct: They are set up by the Prime Minister, not President, according to the exigencies of the time and requirements of the situation.
  • Statement 3 is not correct: Cabinet Committees usually include only Cabinet Ministers. However, the non-cabinet Ministers are not debarred from their membership.
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Borrowing of the Government from the capital market like borrowing by the issue of bondsa)Revenue receiptsb)Capital receiptsc)Cash receiptsd)CreditCorrect answer is option 'B'. Can you explain this answer?
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