Economics JAMB

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:

Option 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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