Question

Mention any two examples of administrative renenue.

Answer 1

1. License Fee: A license fee is a payment not to perform a service but to grant permission by a government authority. The registration fee for motor vehicles, the payments for permits to operate automobiles, and the license for keeping a gun are some examples of license fees.
2. Fines and Penalties: Fines and penalties are not an important source of revenue. A fine refers to the punishment or penalty which is imposed for the violation of law. For example, motorists are charged for violating traffic rules and regulations. Fines are charged to serve as a punishment for law-breakers.