alleryStart learning →Which of these is a non-tax revenue receipt of the central government?
AExcise duty on production
BInterest receipts on loans given
CCorporation tax on profits
DCustoms duty on imports
Answer & Solution
Correct answer: B. Interest receipts on loans given
1. Tax revenue comes from compulsory levies.
2. Non-tax revenue comes from the government's own activity.
3. **Interest receipts on loans it has given** are the main such item, along with dividends, fees and grants.
4. The other three are all taxes, so they fall on the tax-revenue side.
_Source: syllabus Introductory Macroeconomics, Ch 5 "Government Budget and the Economy", section 5.1.2 Classification of Receipts_
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