Practice Non-Tax Revenue - 5.3.2 | Chapter 5: Public Finance | ICSE Class 12 Economics
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What are non-tax revenue sources?

πŸ’‘ Hint: Think of income that is not collected through taxes.

Question 2

Easy

Name one example of a fee that might generate non-tax revenue.

πŸ’‘ Hint: Consider services provided by the government.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

Which of the following is considered non-tax revenue?

  • Income Tax
  • Fines
  • Sales Tax

πŸ’‘ Hint: Remember the sources that do not involve tax obligations.

Question 2

True or False: Revenue from state-owned enterprises is classified as non-tax revenue.

  • True
  • False

πŸ’‘ Hint: Think about businesses owned by the government.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Analyze the advantages and disadvantages of relying on fines as a primary source of non-tax revenue for a local government.

πŸ’‘ Hint: Consider both the financial impact and social implications.

Question 2

Design a strategy for a local government to increase its non-tax revenue without imposing new taxes.

πŸ’‘ Hint: Think of ways to optimize existing revenue streams.

Challenge and get performance evaluation