SSC CGL 2023 PYQ — Question 45

The correct answer is option 2 i.e. Taxes.

• A capital receipt is money received by a government or organization that is not part of its usual income.
• Unlike revenue receipts, which come from everyday operations like taxes or sales, capital receipts come from transactions related to assets or liabilities.
• These funds are often used for significant financial activities, such as long-term investments or managing major expenditures, rather than daily operational needs.
• Capital receipts include Loans and Borrowings, disinvestment proceeds, recoveries of loans, grants for specific projects, and sale of assets.