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

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Which of the following is a non-tax revenue receipt for the central government?

A. Dividends from public sector enterprises

B. Corporate tax

C. GST

D. Income tax

Answer: Option A

Solution (By JKSSB Mock Tests)

Dividends from public sector enterprises are non-tax revenue receipts.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Pareto optimum' is a situation where:

A. everyone has equal income

B. total output is maximum

C. prices are zero

D. no one can be made better off without making someone else worse off

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Correct Answer: Option D

Explanation:
Pareto optimum is a state where no one can be better off without making someone worse off.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Indian labour market' is characterized by a large share of employment in:

A. unorganized sector

B. public sector

C. organized sector

D. foreign companies

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Correct Answer: Option A

Explanation:
A large share of Indian employment is in the unorganized sector.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Form 26AS' is an income tax document that shows:

A. tax deducted and deposited against PAN

B. stock holdings

C. bank statements

D. salary only

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Correct Answer: Option A

Explanation:
Form 26AS shows tax deducted and deposited against a PAN.

This question belongs to: Economy GK Economy Set 1

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