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Sources of Revenue

The municipal...

Question

The municipal corporation gets money from _______.

A

rich businessmen

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B

taxpayers

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C

citizens

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D

all of the above

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Solution

The correct option is D all of the above
The municipal corporation gets money from taxpayers. Rich businessmen pay taxes. So their contribution to the local body is also important. Property taxes are one of the taxes collected by corporations. Money paid for different services by citizens are also used by municipal corporations to administer the city.

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