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

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

A. Customs duty

B. Income tax

C. Dividends and profits from public sector enterprises

D. Corporation tax

Answer: Option C

Solution (By JKSSB Mock Tests)

Dividends and profits from PSUs form part of non-tax revenue. Corporation tax, customs duty and income tax are tax revenues.

This question belongs to: Economy GK Economy Set 1

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Correct Answer: Option B

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The Central Vigilance Commission is a statutory body.

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Explanation:
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