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Revenue Budget

The governmen...

Question

The government earns dividends and profits from PSUs. This is a/an for the government.

A

tax revenue

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B

capital expenditure

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C

non-tax revenue

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D

revenue expenditure

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Solution

The correct option is C non-tax revenue
Non-tax receipts consist of revenues generated through means other than taxes from the public. So, earning dividends and profits from PSUs constitute non-tax receipts for the government.

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The government earns dividends and profits from PSUs. This is a/an ___ for the government.

Dividends and profits earned by the government from PSUs belong to the capital budget. State true or false.

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Q. Identify the following as revenue receipts and capital receipts. Give reasons.
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Q. The funds earned are a direct income for the government.

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