Which among the following is a capital receipts? • Capital receipts a
Right Answer is: A
• Capital receipts are those receipts of government which either cause a reduction in asset or create a liability.
• They are non-routine & non-recurring receipts.
• Examples of capital receipts are receipts from disinvestments, additional capital introduced by the proprietor, receipts from issue of shares, receipts from sale of fixed assets, loans, insurance claims etc.