Municipalities derive a part of their income from _____.

recurring deposits

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crowdfunding

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fixed deposits

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taxes

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Solution

The correct option is D taxes
Municipalities derive a part of their income from taxes levied on different things.

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Similar questions

Other Income is a part of revenue from operations.

	Column I		Column II
A	BOT records imports of visible items only.	i	BOT is a part of Current Account.
B	Transactions recorded in BOT are recurring in nature.	ii	There can be surplus or deficit in BOT.
C	Current A/c is also a part of BOP records export and import of tangible goods.	iii	All transactions of Current A/c are also recurring in nature.
D	There can be surplus only in Current A/c.	iv	Current A/c also records unilateral transfers and factor incomes.

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