4 Views

Question : Which of the following is an example of a non-tax revenue for a government?

 

Option 1: Income tax

Option 2: Sales tax

Option 3: License fees

 

Option 4: Property tax


Team Careers360 20th Jan, 2024
Answer (1)
Team Careers360 21st Jan, 2024

Correct Answer: License fees


Solution : The correct answer is (c) License fees

license fees are an example of a non-tax revenue for a government. Non-tax revenues refer to income or funds that are generated by the government through means other than taxes.

License fees are charges or payments imposed by the government for obtaining licenses or permits for specific activities or privileges. These fees are typically paid by individuals or businesses to the government in exchange for the right to engage in certain activities, such as operating a business, practicing a profession, or using government resources.

Related Questions

UPES Integrated LLB Admission...
Apply
Ranked #28 amongst Institutions in India by NIRF | Ranked #1 in India for Academic Reputation by QS University Rankings | 16.6 LPA Highest CTC
SLAT 2025 - The Symbiosis Law...
Apply
Conducted by Symbiosis International (Deemed University) | Ranked #5 in Law by NIRF | Ranked #2 among best Pvt Universities by QS World Rankings
Jindal Global Law School Admi...
Apply
Ranked #1 Law School in India & South Asia by QS- World University Rankings | Merit cum means scholarships
Symbiosis Law School Pune Adm...
Apply
NAAC A++ Accredited | Ranked #5 by NIRF
Nirma University Law Admissio...
Apply
Grade 'A+' accredited by NAAC
ISBR Business School PGDM Adm...
Apply
180+ Companies | Highest CTC 15 LPA | Average CTC 7.5 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business Scho...
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books