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Question
______ is an example of commercial revenues.
Options
Fees
Special assessment
Railways fares/freights
Gifts and grants
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Solution
Railways fares/freights is an example of commercial revenues.
Explanation:
Railways fares/freights are examples of commercial revenues, as they are charges collected by the government or government-owned entities for providing services.
RELATED QUESTIONS
The government imposes tax ______.
Which of the following is an advantage of direct taxes?
Instruments of fiscal policy is:
The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.
What is meant by shifting of tax burden?
Classify the following type of tax into direct and indirect taxes:
House tax
What is meant by regressive taxation?
State two differences between income tax and commodity tax.
Explain the term Impact of a tax.
Explain the following with examples:
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