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Standard X
History
Economic Exploitation
Which one of ...
Question
Which one of the following is the most important source of revenue of state governments in India?
A
Land revenue
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B
State excise duties
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C
Sales tax
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D
Stamps and registration fees
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Solution
The correct option is
C
Sales tax
The most important source of revenue of State Government in India is sales tax now it has been named as trade tax.
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