SSC CHSL 2023 PYQ — Question 35

SSC CHSL - 09 Aug 2023 - Shift 2 • General Awareness • Q35

The dividends received by the Government from Public Sector Undertakings (PSUs) are__________

Show answer & explanation

Correct answer: C

Explanation

The correct answer is option 3 i.e. non-tax revenue receipts.

The dividends received by the Government from Public Sector Undertakings (PSUs) are considered non-tax revenue, a source of income for the government that doesn't come from taxes. 

  • Non-Tax Revenue:​​​​​​​ Dividends and profits earned by the government from PSUs are classified as non-tax revenue, meaning they are generated through means other than taxes. 
  • Capital Budget:​​​​​​​ These funds are part of the government's capital budget, representing a direct income for the government. 
  • Examples of PSUs:​​​​​​​ PSUs are companies or enterprises owned and managed by the Government of India or state governments, operating in various sectors like energy, telecommunications, banking, and transportation. 
  • Government's Role:​​​​​​​ The government holds a majority stake (51% or more) in PSUs.