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Government Budget and Economy — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsGovernment Budget and Economy1 Mark
Question
Categorize the following items into Revenue and Capital Receipts.
Statement-Grants received from International Monetary Fund.
✓

Answer

Revenue receipt.
Reason: It creates neither any liability nor reduces any asset of the government.

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