Income earned by government from the sources other than taxes is called ______.

private funds

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non-tax revenue

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public funds

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none

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Solution

The correct option is C non-tax revenue
Non Tax Revenue receipts are those revenue receipts which are not generated by taxing the public. Example of a non-tax revenue includes revenue from power distribution, irrigation, banking services, insurance, and community services etc. which make the part of the Government business.

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