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The receipts which neither create any liability nor reduce the assets of the government are called ______.

2995Medium DSSSB TGT Computer Science 0 replies 2 views
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The receipts which neither create any liability nor reduce the assets of the government are called ______.

  • Aself-assessed receipts
  • Brevenue receipts
  • Ccapital receipts
  • Dstandard receipts
Correct answer: B

Explanation

Revenue receipts do not create a liability or reduce government assets.

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