Solved UPSC CDS/OTA Question
A solved UPSC CDS/OTA PYQ — decoded step-by-step.
Solve it the standard way once — then learn the shortcut.
Q · Taxation SystemMedium · 45s
With reference to the Indian tax system, which of these is a capital receipt?
TopicTaxation System
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
Every step explained — no skipped algebra.
Borrowings are capital receipts as they create liabilities.
Final Answer: Option C — Borrowing from the RBI