CBSE 2019 Class 12 Economics Outside Delhi Set 1

Classify the following statement as revenue receipts or capital receipts. Give valid reasons in support of your answer.

Question : 11 of 24

Marks: +1, -0

Dividends paid to the Government by the State Bank of India.

Solution:

Dividends paid to the government is a 'revenue receipt' as it neither creates any liability nor reduces the assets.

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