Practicing Success
Practicing Success
CUET Preparation Today
What is the amount of taxes and duties collected by the government known as? |
Capital receipts Revenue receipts Budget receipts None of the above |
Revenue receipts |
The correct answer is Option 2: Revenue receipts Revenue receipts can be of two types – tax revenue receipts and non-tax revenue receipts. So, all taxes collected by the government fall under the revenue receipts. |
