Sources of revenue

Q. The municipal corporation gets money from _______.

1. rich businessmen
2. taxpayers
3. citizens
4. all of the above

Q. Those who own homes, pay the following taxes

1. Entertainment tax
2. Water tax
3. Air tax
4. Property tax

Q. Did you know that your taxes enable the government to provide roads, bridges, parks and street lights? List three more benefits that taxes help in funding, after discussing with your family.

Q. How does the municipal corporation get money to build parks, hospitals, and provide other services?

Q. The Municipal corporation earns per cent of revenue from property taxes.

1. 25-30
2. 0-5
3. 60-65
4. 90-95

Q. The owner of a hotel pays which of the following taxes?

1. Property tax
2. Education tax
3. Corporate tax
4. General tax

Q. Property tax is paid by _______.

1. those who own homes
2. tenants
3. sellers of new bikes
4. buyers of new cars

Q. Did you know that your taxes enable the government to provide roads, bridges, parks and street lights? List three more benefits that taxes help in funding, after discussing with your family.

Q. Choose the incorrect statement about property tax.

1. Property tax is paid by people who own homes.
2. Property tax is paid by tenants for the services given by the landlord.
3. Property tax is directly proportional to the area of the house.
4. Property tax accounts for 25-30 per cent of the income of municipal corporation.

Q. Property taxes form __________ per cent of the money earned by the municipal corporation.

1. 60-65
2. 25-30
3. 90-95
4. 0-5

Q. How does the Municipal Corporation earn the money to do its work?

Q. The Municipal corporation earns per cent of revenue from property taxes.

1. 25-30
2. 0-5
3. 60-65
4. 90-95

Q. How does the municipal corporation get money to build parks, hospitals, and provide other services?

Q. The municipal corporation gets money from _______.

1. taxpayers
2. citizens
3. all of the above
4. rich businessmen