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Question

Which one of the following sources is not considered as a source of Government revenue?

A
Taxes
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B
Surpluses of public enterprise
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C
Transfer payments
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D
Mobilization of internal loans and deposits
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Solution

The correct option is B Transfer payments
Transfer payments are not a source of revenues for government. Transfer payments are those transactions which are not related with the production of goods and services. These are not included in national income.

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