Giving reasons, categories the following into revenue receipts and capital receipts.
  1. Dividends on investment made by government.
  2. Sale of public sector undertaking.
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  1. Dividends on investment made by government It is a revenue receipt, as it does not add to the liability or not lead to reduction in assets.
  2. Sale of public sector undertaking It is a capital receipt, as it involves reduction in assets.
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