Question : Revenue receipts includes
Option 1: Tax revenue
Option 2: Non-tax revenue
Option 3: Both A and B
Option 4: None of the above.
Correct Answer: Both A and B
Solution : Revenue receipts Include tax revenue and non-text revenue. Tax revenue includes compulsory payments. Non tax revenue includes fees, fines, etc. Hence, Option C is correct.
Question : Revenue budget includes
Question : Fill in the blanks- ____________________= Revenue expenditure - Revenue receipts.
Question : Which of the following is non-recurring in nature?
Question : ________________ refers to the receipt of the government from all sources other than those of tax receipt.
Question : These taxes are generally proportional in nature.
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