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Question
Revenue which is derived by the government from Railway fares is ______.
Options
Commercial revenue
Administrative revenue
Social revenue
Welfare revenue
MCQ
Fill in the Blanks
Solution
Revenue which is derived by the government from Railway fares is Commercial revenue.
Explanation:
These are receipts for prices paid for government-produced goods and services, such as postal charges and railway freight and fares, for example.
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Concept of Public Revenue
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