Question
Download Solution PDFWhich of the following is NOT a part of revenue budget of the government?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Option 4.
Key Points
- Plan Capital Expenditure is not a part of the revenue budget of the government.
- It is a component of the capital budget or the capital expenditure plan.
- The revenue budget includes items such as non-tax revenue and tax revenue, which are the sources of income for the government, as well as plan revenue expenditure, which represents the government's spending on various programs and schemes.
- Plan capital expenditure, on the other hand, refers to the government's investment in long-term assets and infrastructure projects.
Additional Information
- A revenue budget is a financial plan that outlines the expected income or revenue that a government or organization anticipates generating within a specific period, typically a fiscal year.
- It is an essential component of the overall budgeting process and helps in managing and allocating financial resources effectively.
- The revenue budget focuses on the expected inflows of funds from various sources, such as taxes, fees, fines, grants, and other revenue-generating activities.
- It provides a comprehensive overview of the projected revenue streams and assists in determining the government's capacity to fund its expenses and meet its financial obligations.
Last updated on Jun 30, 2025
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