2 marks2025

With reference to government budget, classify the following as Revenue receipt or Capital receipt. Give
a valid reason for each.
(a) Financial help from a Multinational Corporation (MNC) for victims in a flood affected area.
(b) Sale of shares of a Public Sector Undertaking (PSU) to a private company.

Board paper · 2025 · Oswaal Books (reproduction of CISCE board paper)

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With reference to government budget, classify the following as Revenue receipt or Capital receipt. Givea valid reason for each.(a) Financial help from a Multinational Corporation (MNC) for victims in a flood affected area.(b) Sale of shares of a Public Sector Undertaking (PSU) to a private company.

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