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The revenue derived by the government from public enterprises is also known as ______. - Economics

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Question

The revenue derived by the government from public enterprises is also known as ______.

Options

  • Commercial revenue

  • Administrative revenue

  • Specially desired tax

  • Local tax

MCQ
Fill in the Blanks

Solution

The revenue derived by the government from public enterprises is also known as commercial revenue.

Explantion:

Commercial revenue refers to the income that the government earns from its public enterprises or businesses. This includes profits from state-owned corporations and services like transportation, electricity, and communication. It is distinct from taxes or fees and is earned through the government's business activities.

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Chapter 10: Public Revenue - Exercise [Page 175]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 10 Public Revenue
Exercise | Q 14. | Page 175
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