The money received by the government from the people for their welfare is known as?

Tax

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Solution

The correct option is A Tax
The money received by the government from the people for their welfare is known as Tax money. It is a compulsory contribution to the state revenue, mandated by the government on workers' income and business profits, or added to the cost of goods, services, and various transactions.

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The government of a country charges its people a part of their money to use for its development. What is this called?

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