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Classify as revenue reciepts and capital …

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Classify as revenue reciepts and capital reciepts with reasons Financial help from MNCs Sale of public share to private sector Dividends Borrowing from imf

Posted by Nagendran Krishna 3 years, 10 months ago

CBSE > Class 12 > Economics

1 answers

Anshmeen Kaur 3 years, 9 months ago

Financial help from MNC is a revenue receipt as it neither creates any liability nor reduces assests of govt. Sale of public share to private sector is a capital receipt as it reduces assets of govt. Dividend borrowings from IMF is a capital receipt as it creates liability of the govt.

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