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Question

Which of the following is a non-tax revenue?


A
loans or other borrowing from monetary funds
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B
aid from abroad
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C
revenue from state-owned enterprises
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D
all the above
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Solution

The correct option is B all the above

Non Tax Revenue Receipts are those revenue receipts that are not generated by taxing the public. Example of non-tax revenue includes revenue from power distribution, irrigation, banking services, insurance, and community services, etc. which make them part of the Government business. Other examples include loans or other borrowings from monetary funds or other governments that are included under, aid from abroad, revenue from state-owned enterprises, etc.


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