Which of the following are revenue streams for a government?

Taxes

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Fines

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Penalties

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Minting money

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Penalties
When people pay taxes, a penalty or a fine for trespassing, or fees for some government service, the government deposits them in the accounts maintained with the Reserve Bank of India. This way, the government earns money from its citizens.

Suggest Corrections

Similar questions

Which of the following is (are) revenue expenditure (s) for the government?

Which of the following is a major source of revenue for the government?

Join BYJU'S Learning Program