Which of the following is a non-tax revenue receipt for the central government? MCQ with Answer and Explanation

Which of the following is a non-tax revenue receipt for the central government?
A. Dividends from public sector enterprises
B. GST
C. Corporate tax
D. Income tax
Answer: Option A
Solution (By JKSSB Mock Tests)
Dividends from public sector enterprises are non-tax revenue receipts.

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Practice More Economy Set 1 Questions

Question #1
The 'World Happiness Report' is published by:
A. World Economic Forum
B. World Bank
C. United Nations Sustainable Development Solutions Network
D. IMF

Correct Answer: Option C


Explanation:
The World Happiness Report is published by the UN Sustainable Development Solutions Network.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Pradhan Mantri Ujjwala Yojana' aims to provide:
A. LPG connections to poor households
B. water connections
C. broadband connectivity
D. electricity connections

Correct Answer: Option A


Explanation:
PMUY provides free LPG connections to poor households to promote clean cooking fuel.

This question belongs to: Economy GK Economy Set 1
Question #3
The concept of 'Creative Destruction' is associated with the work of:
A. John Maynard Keynes
B. Joseph Schumpeter
C. David Ricardo
D. Adam Smith

Correct Answer: Option B


Explanation:
Joseph Schumpeter described creative destruction as the process by which innovation continuously revolutionises the economic structure from within, destroying old industries and creating new ones.

This question belongs to: Economy GK Economy Set 1