Question : Which of the following is an example of tax revenue receipts?
 

Option 1: Licence fee
 

Option 2: Capital gain tax
 

Option 3: Gifts and grants
 

Option 4: Special assessment
 

Question : Which of the following are the nontax revenue?
 

Option 1: Interest
 

Option 2: Profit
 

Option 3: Dividend
 

Option 4: All of the above.

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 

Question : Which of the following is a part of budgetary deficit.
 

Option 1: Revenue deficit
 

Option 2: Fiscal deficit
 

Option 3: Primary deficit
 

Option 4: All of the above.
 

Question : Which of the following statements are true?

Statement 1- Gifts and grants are unilateral in nature

Statement 2- Escheats involves the claim of the. government on the property of a person who dies without leaving behind any will or heir.

Option 1: Both are true .
 

Option 2: Both are false 
 

Option 3: Statement 1 is true and statement 2 is false.
 

Option 4: Statement 2 is true and statement 1 is false.