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Question : Administrative revenue includes which of the followings?

 

Option 1: Fines and penalties 

 

Option 2: Commercial revenue
 

Option 3: Dividends

 

Option 4: Fines and penalties


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 17th Jan, 2024

Correct Answer: Fines and penalties 

 


Solution : The correct answer is (a) Fines and penalties.

Administrative revenue refers to the revenue collected by the government through administrative activities and processes. It typically includes fines and penalties imposed for violations of laws or regulations. When individuals or entities violate laws or regulations, they may be subject to fines or penalties as a form of punishment or deterrent. The revenue generated from these fines and penalties is categorized as administrative revenue.

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