The following is an example of commercial non-tax revenue ______.

Gifts and grants

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Fees

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Fines

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Surpluses

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Solution

The correct option is D Surpluses
Among the following options, the commercial non-tax revenue is the surpluses. For instance, the central government runs railways. Surplus from railway earnings can be normally contributed to the revenue budget of the central budget.

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Which of the following is an example of non-tax revenue?

Which of the following is a non-tax revenue?

Comment on the following statements as true or false, with a reason.

(i) Construction of school-building is a revenue expenditure of the government.

(ii) Gift tax is a capital receipt.

(iii) Dividends on investment made by government is a revenue receipt.

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