Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Government Budget and Economy

Question:

Match list I with List II in the context of the Government Budget:

List-I

List-II

(A) Purchase of stocks of a private company by the Central government

(I) Capital receipts

(B) Sale of equity of a public sector enterprise to private sector

(II) Revenue receipts

(C) Payment of interest by the government on loans from financial institutions

(III) Capital expenditure

(D) Stamp duty received by the government on property transactions in the country

(IV) Revenue expenditure

Choose the correct answer from the options given below:

Options:

(A)-(II), (B)-(I), (C)-(III), (D)-(IV)

(A)-(III), (B)-(I), (C)-(IV), (D)-(II)

(A)-(IV), (B)-(I), (C)-(II), (D)-(III)

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Correct Answer:

(A)-(III), (B)-(I), (C)-(IV), (D)-(II)

Explanation:

The correct answer is Option (2) → (A)-(III), (B)-(I), (C)-(IV), (D)-(II)

List-I

List-II

(A) Purchase of stocks of a private company by the Central government

(III) Capital expenditure

(B) Sale of equity of a public sector enterprise to private sector

(I) Capital receipts

(C) Payment of interest by the government on loans from financial institutions

(IV) Revenue expenditure

(D) Stamp duty received by the government on property transactions in the country

(II) Revenue receipts