Which of the following is NOT a source of government revenue?

ECONOMICS
JAMB 2016

Which of the following is NOT a source of government revenue?

  • A. Taxes, Fees, licenses and fines
  • B. Personal income, disposable income and transfer earnings
  • C. Interest, dividends, profits and earnings
  • D. Grants, aids and borrowing

Correct Answer: B. Personal income, disposable income and transfer earnings

Explanation

Sources of government revenue Individual Income Tax. grants, borrowing etc Corporate Income Tax. Federal Excise Taxes. Other Revenues. Interest, dividends, earnings



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