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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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Similar questions

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.

Q. An _______ is a government tax on the taxable profit earned by an individual or corporation.

Q. Identify the following as revenue receipts and capital receipts. Give reasons.
(i) Loans recovered from Public sector enterprises.
(ii) License and court fees received by the Government in the year 2014-15.
(iii) Loan taken from USA for the infrastructural developments.
(iv) Sale of shares held by Government in a PSU.
(v) Financial help from Microsoft for the victims of flood affected areas.
(vi) Amount borrowed from Japan for construction of Metro.
(vii) Dividend received by Government from a company.
(viii) Funds raised from public in the form of National Saving Certificates.
(ix) Sale of 40% shares of a public sector undertaking to a private enterprise.
(x) Profits of LIC, a public enterprise.

Q. The funds earned are a direct income for the government.

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