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CAIIB - ABM- CASE STUDIES / NUMERICAL QUESTIONS

Given,

Recoveries of loan and advance - Rs. 1200 Crores
Misc capital receipt - Rs. 600 Crores
Market loans - Rs. 500 Crores
Short term borrowings - Rs. 800 Crores
External assistance (Net) - Rs. 300 Crores
State provident fund - Rs. 400 Crores
Other receipts (Net) - Rs. 800 Crores
Securities issued against small savings - Rs. 300 Crores
Recoveries of short term loans and advances from states and loans to govt servents - Rs. 600 Crores
Total Non Tax Revenue - Rs. 3000 Crores
Net Tax Revenue - Rs. 1000 Crores
Draw down cash balance - Rs. 2000 Crores

Calculate Total Receipt ...

a. Rs 5700 Crores
b. Rs 9900 Crores
c. Rs 10300 Crores
d. Rs 11700 Crores

Ans – c

Solution :

Total Receipt = Total Revenue Receipt + Capital Receipt + Draw down cash balance

Let us first calculate Total Revenue Receipt,

Total Revenue Receipt=Net Tax Revenue + Total Non Tax Revenue
= 1000 + 3000
= 4000 Crores

Now, let us calculate Capital Receipt,

Capital Receipt = Non Debt Receipt + Debt Receipt

Let us first calculate Non Debt Receipt,

Non Debt Receipt = Recoveries of loan & advances (deduct recoveries of short term loans & advance from state and loans to govt servants) +
MISC
Capital receipts
= 1200-600+600
= 1200 Crores

Now, let us calculate Debt receipt,

Debt Receipt = Market Loans + Short Term Borrowings + External assistance (NET) + Securities issued against Small savings + State provident fund + other

Receipts(Net)
= 500 + 800 + 300 + 300 + 400 + 800
= 3100 Crores

Capital Receipt = Non Debt Receipt + Debt Receipt
= 1200 + 3100
= 4300 Crores

So,

Total Recepipt = Total Revenue Receipt + Capital Receipt + Draw down cash balance
= 4000 + 4300 + 2000
= 10300 Crores
.............................................

Given,

Corporation tax - Rs. 500 Crores
Income tax - Rs. 400 Crores
Other taxes and duties - RS. 200 Crores
Customs - RS. 500 Crores
Union exercise tax - Rs. 400 Crores
Service tax - Rs. 700 Crores
Tax of union territories- Rs. 200 Crores
Interst receipt - Rs. 500 Crores
Devident & profit - Rs. 800 Crores
External grant - Rs. 200 Crores
Other non tax revenue - Rs. 900 Crores
State Share - Rs. 500 Crores
Receipt of union territories - Rs. 700 Crores
Trf to NCCD (National calamity Contingency fund. - Rs. 200 Crores

Calculate Net Tax revenue ...

a. Rs 1900 Crores
b. Rs 2200 Crores
c. Rs 2900 Crores
d. Rs 3800 Crores

Ans - b

Solution :

Net Tax Revenue = Gross tax revenue - NCCD transferred to the National Calamity Contingency fund - state share
Gross Tax revenue = Corporation Tax + Income tax + other tax & duties + customs + union excise duties + service Tax + taxes on union territories
= 500+400+200+500+400+700+200
= 2900 Crores

Net Tax Revenue = Gross tax revenue - NCCD transferred to the National Calamity Contingency fund - state share
= 2900-200-500
= 2200 Crores
.............................................

Given,

Corporation tax - Rs. 500 Crores
Income tax - Rs. 400 Crores
Other taxes and duties - RS. 200 Crores
Customs - RS. 500 Crores
Union exercise tax - Rs. 400 Crores
Service tax - Rs. 700 Crores
Tax of union territories- Rs. 200 Crores
Interst receipt - Rs. 500 Crores
Devident & profit - Rs. 800 Crores
External grant - Rs. 200 Crores
Other non tax revenue - Rs. 900 Crores
State Share - Rs. 500 Crores
Receipt of union territories - Rs. 700 Crores
Trf to NCCD (National calamity Contingency fund. - Rs. 200 Crores

calculate Total Revenue Receipt ...

a. Rs 5100 Crores
b. Rs 5300 Crores
c. Rs 5500 Crores
d. Rs 5700 Crores

Ans - b

Solution :
Total Revenue Receipt = Net Tax Revenue + Total Non Tax Revenue

Let us first calculate Net Tax Revenue,

NTR=GTR-NCCD-State share
Gross Tax revenue = Corporation Tax + Income tax + other tax & duties + customs + union excise duties + service Tax + taxes on union territories
= 500+400+200+500+400+700+200
= 2900 Crores

Net Tax Revenue = Gross tax revenue - NCCD - state share
= 2900-200-500
= 2200 Crores

Now, let us calculate Total Non Tax Revenue,

Total Non Tax Revenue = Interest Receipt + Dividend & profit + External grants + other Non-Tax revenue + Receipt of union territories
= 500+800+200+900+700
= 3100 Crores
So,
Total Revenue Receipt = Net Tax Revenue + Total Non Tax Revenue
Total Revenue Receipt = 2200 + 3100
= 5300 Crores
.............................................

Given,

Recoveries of loan and advance - Rs. 1200 Crores
Misc capital receipt - Rs. 600 Crores
Market loans - Rs. 500 Crores
Short term borrowings - Rs. 800 Crores
External assistance (Net) - Rs. 300 Crores
State provident fund - Rs. 400 Crores
Other receipts (Net) - Rs. 800 Crores
Securities issued against small savings - Rs. 300 Crores
Recoveries of short term loans and advances from states and loans to govt servents - Rs. 600 Crores
Total Non Tax Revenue - Rs. 3000 Crores
Net Tax Revenue - Rs. 1000 Crores
Draw down cash balance - Rs. 2000 Crores

Calculate Capital Receipt ...

a. Rs 2700 Crores
b. Rs 3900 Crores
c. Rs 4300 Crores
d. Rs 5100 Crores

Ans - c

Solution :

Capital Receipt = Non Debt Receipt + Debt Receipt

Let us first calculate Non Debt Receipt,

Non Debt Receipt = Recoveries of loan & advances (deduct recoveries of short term loans & advance from state and loans to govt servants) + Misc Capital receipts
= 1200-600+600
= 1200 Crores

Now, let us calculate Debt receipt,

Debt Receipt = Market Loans + Short Term Borrowings + External assistance(NET) + Securities issued against Small savings + State provident fund + other

Receipts(Net)
= 500 + 800 + 300 + 300 + 400 + 800
= 3100 Crores

Capital Receipt = Non Debt Receipt + Debt Receipt
= 1200 + 3100
= 4300 Crores

……………………………………………………………………………………………………………………………………………

 


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