Question
Economics Question on Working Capital
Which of the following is not true for capital receipts ?
A
They are regular and recurring in nature
B
They either create any liability or reduce any asset of government
C
E.g Loans and Borrowings
D
They relate to future obligation to return or disinvestment of assets
Answer
They are regular and recurring in nature
Explanation
Solution
The correct option is (A) :They are regular and recurring in nature