Question

The Capital Budget of the government covers:

Options

• Capital Receipts + Capital Expenditure

• Revenue Expenditure + Capital Expenditure

• Revenue Receipts + Capital Receipts

• Revenue Receipts + Revenue Expenditure

Answer 1

The Capital Budget covers Capital Receipts plus Capital Expenditure. The Revenue Budget separately covers Revenue Receipts and Revenue Expenditure, keeping the two parts of the budget distinct.