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प्रश्न
Giving reasons, classify the following into revenue receipts and capital receipts :
Recovery of loans
टीपा लिहा
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उत्तर
Recovery of loans:
The state government sometimes take a loan from the Central government to cope up with the emergency situations. When these loans are recovered by the Central government, they reduce the assets of the government. Thus, they are classified as capital receipts.
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