GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Commercial lrrigation Projects
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State Road Transport Corporation
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Electricity Boards
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None of the Above
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Detailed explanation-1: -The correct answer is Commercial Irrigation Projects. Non-Tax revenue is the income earned by the government from sources apart from taxes. It can be increased by improving the working of Commercial Irrigation Projects.
Detailed explanation-2: -The estimates of Non-Tax Revenue receipts from various sources such as return on assets in form of dividend and profits, interest, fees, fines and miscellaneous receipts collected in the exercise of sovereign functions, regulatory charges and license fees and user charges for publicly provided goods and services.
Detailed explanation-3: -Non Tax Revenue Receipts are those revenue receipts that are not generated by taxing the public. Example of non-tax revenue includes revenue from power distribution, irrigation, banking services, insurance, and community services, etc.
Detailed explanation-4: -Tax and borrowings are the major sources by which the government funds its expenditures.