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Difference between repayment of loan and …

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Difference between repayment of loan and recovery of loan.

    • Posted by Koyel De 5 years, 3 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Aaiman Farhin 5 years, 3 months ago

    Repayment of loan refers to payment of loan taken by the government whereas recovery of loan refers to payment of loan by third party to the government. Repayment of loan is capital expenditure as it reduces liability whereas recovery of loan is capital reciept as it reduces asset of government.

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