Question

Which of the following best defines non-tax revenue?

• A. Income generated from selling government assets.
• B. Loans taken by the government from international institutions.
• C. Funds allocated by the government for public welfare programs.
• D. Recurring income of the government from sources other than taxes.

Answer 1

Answer:

D. Recurring income of the government from sources other than taxes.

• Non-tax revenue consists of recurring income that the government earns from activities and assets, not from imposing taxes.