UPSC: Understanding India's Capital Account

Public Debt = Government lending money to state governments Loans Given by Government = Government borrowing money from the public through issuing bonds or taking loans General Services = Government lending money to public sector companies for specific projects Economic Services = Government using borrowed money to fund essential services

General Services = Government lending money to state governments for specific projects Social Services = Government using borrowed money to renovate its infrastructure Economic Services = Government using borrowed money to fund public sector companies Public Debt = Government spending on social welfare programs

Borrowing through Public Debt = Taking a loan from the bank for a big purchase like a house Loans Given by Government = Lending money to a friend or family member for their business venture Government using borrowed money for essential services = Using a loan to renovate your house Capital Account = A separate section of your wallet for saving money

<p>Receipts = Government spending on social welfare programs Expenditure/Payments = Government getting money by borrowing from the public through issuing bonds or taking loans Public Debt = Government's income from various sources Loans Given by Government = Government's spending on essential services</p> Signup and view all the answers

<p>Capital Account = The government's main wallet for everyday income and spending Consolidated Fund (CF) = A separate section of the government's wallet for borrowing money for big purchases or lending money to others Public Debt = The government's spending on social welfare programs Loans Given by Government = The government's lending money to state governments or public sector companies</p> Signup and view all the answers