Tax and Non-Tax Revenues: Quiz
Attempt now to get your rank among 17 students!
Question 1
Question 2
1. The government collects non tax revenues in return for providing any goods or services
2. Several types of fees, fines and penalties, grants etc included in the non tax revenues
Of these statements:
Question 3
1. Tax revenue is the biggest source of revenue for the government, but the amount of tax collection may differ due to the employment situation, consumption levels, etc
2. Non tax revenues are not only a source of earning for the government, but also help in redeeming the cost of services offered
Select the correct answer using the codes given below:
Question 4
1. The amount of non tax collection may differ due to the employment situation, consumption levels, and so on, which the tax revenues somewhat balanced with low, but steady flow of revenue from a wide variety of sources.
2. The government collects interest as non tax revenue for the loans and funds advanced to states for several purposes.
3. When people avail the services offered by the government, like electricity, telecommunication, etc., they pay its bills, which include a share of non-tax revenue as the government provides infrastructure support to facilitate these services
Select the correct answer using the codes given below:
Question 5
- 17 attempts
- 0 upvotes
- 0 comments