SSC CGL 2024 PYQ — Question 32

SSC CGL - 25 Sep 2024 - Shift 2 • General Awareness • Q32

Which of the following is an example of capital receipts?

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e. Revenue from the sale of government assets.

Revenue from the sale of government assets is an example of capital receipts. Capital receipts are funds obtained by the government through non-recurring sources, typically for long-term investments. The sale of government assets such as land, buildings, or state-owned enterprises is considered a capital receipt because it involves the transfer of ownership of physical assets. Unlike revenue receipts, which are recurrent and contribute to day-to-day expenses, capital receipts result in a permanent change in the government’s asset base and do not affect the ongoing operational budget.