Question
Economics Question on Classification of receipts – revenue and capital
A student of economics has recorded following transactions under revenue receipts, Identify the incorrect item recorded by her, if any :
A
Duties levied on goods produced within country
B
Value of goods produced by government undertakings
C
Dividend received on investments made by government
D
Cash grants in aid received from foreign countries
Answer
Value of goods produced by government undertakings
Explanation
Solution
The correct option is (B) :Value of goods produced by government undertakings