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Home › Bihar Board Class 12 (Arts) › Economics › Government Budget and the Economy › In terms of repayment, revenue receipts are termed

In terms of repayment, revenue receipts are termed

Adebt creating
Bnon-redeemable
Credeemable
Dasset reducing
Answer & Solution
Correct answer: B. non-redeemable
Because revenue receipts carry no obligation to be returned, they are termed non-redeemable.
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