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Question

What are the three main sources of income for urban governance?

A
Tax
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B
Government grants
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C
Public Private Partnership
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D
Education
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Solution

The correct options are
A Tax
B Government grants
C Public Private Partnership
The urban body has three main sources of income - tax, government grants, and Public-Private Partnership. Taxes could be on property, land, animals, advertisements, etc. Then there are government grants. The higher levels of the state government lend money to the urban body for different projects. Then, there’s Public-Private Partnership which is a partnership between the government and the private sector in the delivery of goods or services to the public.

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