Economics · Sources of Revenue for State
What are the primary structural components that make up the revenue resources of a State Government in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1State's own tax revenue, share in central taxes, and non-tax revenue from socio-economic services✓
- 2Monetary printing credits and national defense allocations
- 3Provident fund allocations and direct corporate tax collections
- 4Only external commercial borrowings and sovereign wealth funds
Correct answer
State's own tax revenue, share in central taxes, and non-tax revenue from socio-economic services
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