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Home › Bihar Board Class 12 (Arts) › Economics › Government Budget and the Economy › Revenue receipts are those that

Revenue receipts are those that

Acome only from borrowing
Breduce its financial assets
Ccarry no claim on government
Dcreate a repayment liability
Answer & Solution
Correct answer: C. carry no claim on government
Revenue receipts such as taxes create no liability and no claim on the government, unlike loans.
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