S1: Central government receipts can broadly be divided into non-debt and debt receipts.
P: Debt receipts mostly consist of market borrowing and other liabilities which the government is obliged to repay in the future.
Q: The non-debt receipts comprise of tax revenue, non-tax revenue, recovery of loans and disinvestment receipts.
R: The outcomes as reflected in the Provisional Actual figures is lower than the budget estimate owing to reduction in the net tax revenue.
S: The Budget 2018-19 targeted significantly high growth in non-debt receipts of the Central Government, which was driven by robust growth.
S6: This is also evident from the composition of non-debt receipts.
Find the correct sequence of P, Q, R and S.
Leave a Reply