Revenue Receipts in the government budget include :
(A) Government Borrowings
(B) Tax Revenue
(C) Interest receipts on loans by government
(D) Dividends earned by government on its investment
Choose the correct answer from the options given below :
Answer & explanation
Correct answer: option 2
The correct answer is Option 2: (B), (C) and (D) Only.
Revenue receipts in the government budget include tax revenue, interest receipts on loans by government, and dividends earned by government on its investments. Government borrowings are not considered revenue receipts because they are not considered income. They are instead considered liabilities.