What does Non- Tax revenue of the government in India includes?
i. Dividends received from public sector companies
ii. Profits received from public sector companies
iii. Surplus profits of the Reserve Bank of India, transferred to the Government
iv. Interest receipts on loans given by the government to states
v. Interest receipts on loans given by the government to PSUs
Answer & explanation
Correct answer: option 4
The correct answer is Option 4: All of them
Dividends and profits received from public sector companies, Surplus profits of the Reserve Bank of India, transferred to the Government, Interest receipts on loans given by the government to states and PSUs are non - tax revenue.
Tax revenue consists of taxes collected by the government.