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Thursday, 09 April 2026
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Which of the following is NOT a source of government revenue?

Which of the following is NOT a source of government revenue?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • 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
Correct Answer: Option D
Explanation:
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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