Identify which of the following is an example of non-debt capital receipt. (Choose the correct alternative)

CBSE Economics class 12 question and answer | Identify which of the following is an example of non-debt capital receipt. (Choose the correct alternative)

CBSE
CBSE.

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.