Multiple choice

Of the following which is not a source of public revenue?

  1. Public borrowing

  2. Taxes

  3. Subsidies

  4. Surpluses of public undertakings
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Public revenue refers to income sources for the government, including taxes, public borrowing, and surpluses from public undertakings. Subsidies are government expenditures (payments made to support specific sectors or populations), not revenue sources. Subsidies represent outflows from the government budget, not inflows.

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