Question

What is the primary function of revenue receipts in a State Government's budget?

• A. To finance long-term capital projects and infrastructure development.
• B. To manage and repay the state's accumulated debt.
• C. To fund day-to-day government operations and services.
• D. To provide grants and subsidies to local government bodies.

Answer 1

Answer:

C. To fund day-to-day government operations and services.

• Revenue receipts, which are recurring, are used to cover the government's recurring, day-to-day expenses, such as salaries and maintenance.