CBSE 2023 Class 12 Economics Outside Delhi Set 1

Question : 1

Total: 52

SECTION-A

(Macro Economics)

"In the Annual Budget 2022-23, the Government of India set up disinvestment targets of ₹ 65,000 crore".
Such proceeds from disinvestment can be classified as _____ receipts in the Government Budget as it leads to _____ of the Government.
(Choose the correct alternative)

capital, decrease in assets
revenue, increase in assets
capital, increase in liabilities
revenue, decrease in liabilities

Solution:

capital, decrease in assets
Explanation: Sale Proceeds from disinvestment can be as classified as capital receipts of government as it leads to decrease in assets of government.

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