Question

The income a government receives from a public entity's profits is a type of non-tax revenue. What is a common example of such an entity?

• A. A private corporation's profits
• B. A foreign government's investment
• C. Profits from a state-owned utility
• D. A government-owned bank

Answer 1

Answer:

D. A government-owned bank

• A government-owned bank is a public sector undertaking whose profits are a source of non-tax revenue.