Match the following:

None of the above

The correct answer is: 1-C, 2-A, 3-D, 4-B

1. Repayment of loan to Germany - Capital expenditure
2. Increase in the GST rate - Revenue receipt
3. Expenses incurred on tax collection by Kerala government - Revenue expenditure
4. Sale of equity shares of IRCTC - Capital receipt

Revenue receipts are those receipts that do not lead to a claim on the government. They neither create liability nor reduces the assets of the government. Capital receipts refers to those receipts which either result in creation of liability or in reduction of assets. For example: sale of shares of SBI to HDFC bank will result in the reduction of assets of the government. Revenue expenditure are those expenses which neither creates assets nor result in reduction of liability. For example: salaries etc. paid by the government. Capital expenditure are those expenses which either results in the creation of assets or reduction in liability of the government. For example: Payment of loan, Purchase of shares.