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Question
On the basis of the below-mentioned information answer the following question:
Net Receipt of the Centre (₹ in lakh crore)
The value of non-tax revenue has ______ crores between 2016-17 and 2017-18.
Options
Fallen by 0.8
Risen by 0.8
Fallen by 0.6
Risen by 0.6
MCQ
Fill in the Blanks
Solution
The value of non-tax revenue has Risen by 0.8 crores between 2016-17 and 2017-18.
Explanation:
Non-tax revenue was worth 2.7 billion dollars in 2016-17 and 1.9 billion dollars in 2017-18. 2.7 - 1.9 = 0.8 is the difference between the two. As a result, the value of non-tax revenue has increased by 0.8.
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Components of Budget
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