Question on: JAMB Economics - 2017
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
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Correct Option: D
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.
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