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    Question

    With respect to Revenue Budget, Consider the following statement:

    I.          Tax revenues

    II.          Non-Tax revenues

    III.          Revenue expenditure

    Which of the above falls uner the Revenue Budget:

    A I only Correct Answer Incorrect Answer
    B II only Correct Answer Incorrect Answer
    C I and II both Correct Answer Incorrect Answer
    D I, II and III Correct Answer Incorrect Answer
    E II and III both Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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