Which of the following statements is/are correct in regards to Revenue budget? 1. It consists of all capital receipts and expenditure such as domestic and foreign loans loan repayment foreign and etc. 2. It consists of all current receipts such as taxation dividends of public sector units (PSU's) and expenditure of the government

• A. 1 only              
• B.        2 only
• C. 1 and 2            
• D.        Neither 1 nor 2