Question:medium

All are examples of assigned revenue except:

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Distinguish between central and state-level revenues to avoid confusion in public f inance concepts.
Updated On: Feb 11, 2026
  • Entertainment tax
  • Surcharge on stamp duty
  • Surcharge on land revenue
  • Custom duty
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The Correct Option is D

Solution and Explanation

Assigned revenues, which are earmarked for state governments, often encompass taxes such as entertainment tax, stamp duty, and land revenue surcharge. In contrast, custom duty is a tax levied by the central government on imports and exports.

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