Sources of Income


 
 
Concept Explanation
 

Sources of Income

 

Source of income simply means where the money came from. For example if you have a job, the company you work for is the source of income.

Sources of incomes

  • Grants from the government.
  • Taxes on land, property, etc.
  • Electricity and water charges.
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    Sample Questions
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    Question : 1

    Financial grants from the _______________________are a major source of income for all municipal bodies.

    Right Option : B
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    Explanation
    Question : 2

    ____________is the most important income of a municipality.

    Right Option : B
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    Explanation
    Question : 3

    The _________ acts as a link between the state government and the municipal corporation.

    Right Option : D
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    Explanation
     
     


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