Which of the following statements is true?
A) Wage bill of the government is a capital expenditure.
B) Disinvestment by the government in a company is a capital receipt.
1
Only (A)
2
Neither (A) nor (B)
3
Both (A) and (B)
4
Only (B)
Which of the following statements is true?
A) Wage bill of the government is a capital expenditure.
B) Disinvestment by the government in a company is a capital receipt.