Question : Which of the following are the nontax revenue?
Option 1: Fees
Option 2: Licence fees
Option 3: Fines and penalties
Option 4: All of the above
Answer (1)
19th Jan, 2024
Correct Answer: All of the above
Solution : Following are the non-tax revenue-
- Interest
- Profit
- Dividend
- Fees
- Licence fees
- Fines and penalties
- Gifts and grants
- Foreatures
- Special assessment
- Escheats.
Hence, Option D is correct.
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