How Does The Municipal Corporation Get Its Money


 
 
Concept Explanation
 

How does the Municipal Corporation get its Money

How does the Municipal Corporation get its Money?

The Municipal Corporation is one of the most important organs of the three-tier government system.

  • It is responsible for all round development of its designated area. It undertakes all the public facilities and welfare works like sanitation, water, road, education, health, etc.
  • As these works require fund, so it collects revenue from the residents living in its corporation area.
  • It levies taxes on property, water and other services. Taxes are fixed on the measurement and consumption of the services. Taxes are levied on education and other amenities like owning a hotel, entertainment etc.
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    Sample Questions
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    Question : 1

    ____________ government manages the issues of the states.

    Right Option : B
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    Explanation
    Question : 2

    The Municipal Corporation is one of the most important organs of the ____________r government system.

    Right Option : C
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    Explanation
    Question : 3

    ________________is any duty exacted on any type of business amusement like film tickets.

    Right Option : A
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    Explanation
     
     


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