Which of these is non-tax revenue?

Corporation taxCorrect answerYour answerGSTCorrect answerYour answerCustoms dutyCorrect answerYour answerInterest on loans to statesCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer D

Correct answer: D

Interest on loans is earned by the government without taxing anyone.
The others are taxes.

Concept: Non-tax revenue
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsRevenue receipts: tax and non-tax

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Ten questions from Government Budget: Receipts & Expenditure, at your own pace.

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Ten questions from Government Budget: Receipts & Expenditure, at your own pace.

Practise this chapter All 57 questions in Government Budget: Receipts & Expenditure Revise the notes for Government Budget: Receipts & Expenditure

Which of these is non-tax revenue?

Explanation