Identify which of the following is an example of non-debt capital receipt. (Choose the correct alternative)
Mukesh Sharma December 15, 2021
Question 1: Identify which of the following is an example of non-debt capital receipt. (Choose the correct alternative)
(a) Financial aid from MNC for victims in flood-affected area.
(b) Borrowings from International Monetary Fund (IMF).
(c) Recovery of loans from State Governments.
(d) Dividend paid by State Bank of India (SBI) to the Government.
The answer is C. Recovery of loans from State Governments.