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SSC Selection Post 2022 PYQ — Question 31

SSC Selection Post - Matriculation Level - 3 Feb 2022 - Shift 3 • General Awareness • Q31

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Which of the following are included in 'revenue receipts'? (a) Tax Revenue (b) Non-tax Revenue

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Correct answer: D

Explanation

The correct answer is Option 4 i.e. Both (a) and (b).

  • Revenue receipts are funds received by a government that don't create liabilities or claims on the government. 
  • They are categorized into tax revenue and non-tax revenue. 
  • Tax revenue comes from taxes like income tax, GST, and customs duties.
  • While non-tax revenue is generated from various government services, fees, fines, and other sources.