Q.

Among the following option which of these is a Revenue receipt?  

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21% of IItians & 23% of AIIMS delhi doctors are from Sri Chaitanya institute !!
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a

Loan recovers

b

External grants

c

Disinvestment

d

Borrowings

answer is B.

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Detailed Solution

Grants received from foreign government are revenue receipt as it does not lead to an increase or decrease in assets or liabilities of the government.

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