Capital receipts: I. Create liability or reduce assets. II. Include borrowings and disinvestment. III. Interest on loans creates Govt liability.

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Q: 72 (IAS/2025)
Capital receipts:
I. Create liability or reduce assets.
II. Include borrowings and disinvestment.
III. Interest on loans creates Govt liability.

question_subject: 

Economics

question_exam: 

IAS

Statements I and II are correct descriptions of capital receipts, but they do not explain each other. Statement III is incorrect in the context of capital receipts. Therefore, none of the options accurately describe the relationship between the statements.