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One of the two components of Capital budget are
Investment receipts
Capital receipts
Expenditure receipts
Revenue receipts
- Option 1: Investment receipts
Investment receipts are not typically a term used to describe a component of the capital budget.
- Option 2: Capital receipts
These involve money received that creates a liability or reduces financial assets. Examples include loans, disinvestment, and recovery of loans. They form one part of the capital budget.
- Option 3: Expenditure receipts
This term is misleading. Receipts typically refer to income, while expenditures refer to spending.
- Option 4: Revenue receipts
These are part of the government's revenue budget, including tax and non-tax revenue, but not the capital budget.
In short, the capital budget consists of capital receipts and capital expenditure, making option 2 correct.
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