| Q.99 | Which of the following statements about a Government (Union) Budget is correct? | |
| Ans | 1. The government seeks to achieve its objective of redistribution of income through progressive income taxation. | |
| 2. PSU (Public Sector Undertaking) disinvestment increases the total amount of financial assets of the government. | ||
| 3. Paper taxes are capital receipts which have never brought in large amount of revenue for the government. | ||
| 4. Revenue receipts are redeemable. |
Correct Ans Provided: 1
