Discussion
Which of the following is not a Non-tax Revenue ?
Answer: A
The item that is not non-tax revenue is Interest tax.
Interest tax, levied on interest earned by banks and credit institutions under the Interest Tax Act, is a tax, so it belongs to tax revenue.
The other three are non-tax revenue of the government: dividends and profits from public sector undertakings and the RBI, external grants received from other countries and agencies, and interest receipts on loans given by the government.
No comment is present. Be the first to comment.
Loading…
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development