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One of the other two components of government Revenue in the budget are
Expenditure receipts
Budget receipts
Revenue Expenditure
Capital receipts
Certainly! Let's explain the relevant terms:
- Government Revenue: It's mainly made up of two components: revenue receipts and capital receipts.
- Revenue Receipts: These are regular income sources for the government. They include tax and non-tax revenues.
- Capital Receipts: These are funds raised by the government through loans or disinvestment. They lead to a repayment at some point.
- Expenditure Receipts: This term isn't commonly used in budgeting. It typically relates more to expenses rather than revenue.
- Budget Receipts: This term could encompass both revenue and capital receipts, as it refers generally to all inflows.
- Revenue Expenditure: This is about government spending rather than income.
Correct Answer: Capital receipts (Option 4) relate directly to government revenue.
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