Which of the following is NOT a source of government revenue?

  • A Grants, aids and borrowing
  • B Taxes, fees, licenses and fines
  • C Interest, dividends, profits and earnings
  • D personal income, disposable income and transfer earnings
jamb 2017english-language

The correct answer is D. personal income, disposable income and transfer earnings

Personal income, disposable income and transfer earnings are sources of individual income after

payment of taxes and charges left to be spent or saved as one wishes.

Source of Government revenue include Grants, aids, borrowings, taxes, fees, licences, fines,

dividends, profit and many others but not personal income. Disposable income and transferable income.

Previous question Next question