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Which of these is not a non-tax revenue?

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Question

Which of these is not a non-tax revenue?

Options

  • Interest receipts

  • Dividends and profit of public sector enterprises

  • Central excise duty

  • Revenue from services provided by the government

MCQ
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Solution

Central excise duty

Explanation:

Central excise duty is an indirect tax, so it is tax revenue, not non-tax revenue. Interest receipts, dividends/profits of PSEs and revenue from services provided by the government are non-tax revenue receipts.

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Chapter 17: Government Budget - TEST YOURSELF QUESTIONS [Page 369]

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Frank Economics [English] Class 12 ISC
Chapter 17 Government Budget
TEST YOURSELF QUESTIONS | Q 1. | Page 369
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