SSC GD 2023 PYQ — Question 22

The correct answer is option 4 i.e. non-redeemable.

Revenue receipts are non-redeemable as they do not lead to a claim on the government. Unlike capital receipts, which often involve loans or other financial obligations that must be repaid, revenue receipts consist of regular income sources such as taxes, duties, and fees. These receipts are used to cover the government’s day-to-day expenditures and do not create future liabilities or claims on the government, making them non-redeemable in nature.