CBSE 2016 Class 12 Economics Outside Delhi Set-3

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Question : 1
Total: 4
SECTION-B
(Macro-economics)

What are capital receipts in a government budget?
Solution:  
Capital Receipts : Government receipts which either create liabilities or reduce assets. Thus, when government raises funds either by incurring a liability or by disposing off its assets, it is called capital receipts.
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