14,988+ Questions · 21 Subjects · Free to Practice

Consider the following statements: I. Capital receipts create a liability or cause a reduction in the assets of the Government. II. Borrowings and disinvestment are capital receipts. III. Interest received on loans creates a liability of the Government. Which of the statements given above are correct? **(UPSC CSP 2025, GS Paper I)**

1. Consider the following statements: I. Capital receipts create a liability or cause a reduction in the assets of the Government. II. Borrowings and disinvestment are capital receipts. III. Interest received on loans creates a liability of the Government. Which of the statements given above are correct? **(UPSC CSP 2025, GS Paper I)**

 

Beyond the answer

    Leave a Reply

    Discover more from MCQ Questions

    Subscribe now to keep reading and get access to the full archive.

    Continue reading