{"id":2416,"date":"2024-03-05T15:32:16","date_gmt":"2024-03-05T15:32:16","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=2416"},"modified":"2024-03-05T15:32:16","modified_gmt":"2024-03-05T15:32:16","slug":"the-largest-source-of-revenue-of-u-p-government-is","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-largest-source-of-revenue-of-u-p-government-is\/","title":{"rendered":"The largest source of revenue of U.P. Government is"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Land Revenue&#8221; option2=&#8221;Service Tax&#8221; option3=&#8221;Trade Tax&#8221; option4=&#8221;Share of Excise Duty from the Centre&#8221; correct=&#8221;option4&#8243;]<!--more--><\/p>\n<p>The correct answer is (d) Share of Excise Duty from the Centre.<\/p>\n<p>Excise duty is a tax levied on goods produced or manufactured within the country. It is one of the major sources of revenue for the central government. The state governments also get a share of the excise duty collected by the central government. This share is based on the population of the state.<\/p>\n<p>In the case of Uttar Pradesh, the share of excise duty from the Centre is the largest source of revenue. In 2020-21, the state government received a share of Rs. 1,02,600 crore from the central government as excise duty. This was about 30% of the total revenue of the state government.<\/p>\n<p>The other options are not as important sources of revenue for the state government. Land revenue is a tax levied on the ownership of land. It is a major source of revenue for the central government, but it is not as important for the state governments. Service tax is a tax levied on services provided by businesses. It is a relatively new tax, and it is not as important a source of revenue for the state governments as it is for the central government. Trade tax is a tax levied on goods that are bought and sold within the state. It is a major source of revenue for some states, but it is not as important for Uttar Pradesh as it is for some other states.<\/p>\n<p>In conclusion, the largest source of revenue of U.P. Government is Share of Excise Duty from the Centre.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Land Revenue&#8221; option2=&#8221;Service Tax&#8221; option3=&#8221;Trade Tax&#8221; option4=&#8221;Share of Excise Duty from the Centre&#8221; correct=&#8221;option4&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-2416","post","type-post","status-publish","format-standard","hentry","category-economics","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The largest source of revenue of U.P. Government is<\/title>\n<meta name=\"description\" content=\"Excise duty is a tax levied on goods produced or manufactured within the country. It is one of the major sources of revenue for the central government. The state governments also get a share of the excise duty collected by the central government. This share is based on the population of the state.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/the-largest-source-of-revenue-of-u-p-government-is\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The largest source of revenue of U.P. Government is\" \/>\n<meta property=\"og:description\" content=\"Excise duty is a tax levied on goods produced or manufactured within the country. It is one of the major sources of revenue for the central government. The state governments also get a share of the excise duty collected by the central government. This share is based on the population of the state.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/the-largest-source-of-revenue-of-u-p-government-is\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-05T15:32:16+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The largest source of revenue of U.P. Government is","description":"Excise duty is a tax levied on goods produced or manufactured within the country. It is one of the major sources of revenue for the central government. The state governments also get a share of the excise duty collected by the central government. This share is based on the population of the state.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/the-largest-source-of-revenue-of-u-p-government-is\/","og_locale":"en_US","og_type":"article","og_title":"The largest source of revenue of U.P. Government is","og_description":"Excise duty is a tax levied on goods produced or manufactured within the country. It is one of the major sources of revenue for the central government. The state governments also get a share of the excise duty collected by the central government. This share is based on the population of the state.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/the-largest-source-of-revenue-of-u-p-government-is\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-03-05T15:32:16+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/the-largest-source-of-revenue-of-u-p-government-is\/","url":"https:\/\/exam.pscnotes.com\/mcq\/the-largest-source-of-revenue-of-u-p-government-is\/","name":"The largest source of revenue of U.P. Government is","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2024-03-05T15:32:16+00:00","dateModified":"2024-03-05T15:32:16+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"Excise duty is a tax levied on goods produced or manufactured within the country. It is one of the major sources of revenue for the central government. The state governments also get a share of the excise duty collected by the central government. This share is based on the population of the state.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/the-largest-source-of-revenue-of-u-p-government-is\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/the-largest-source-of-revenue-of-u-p-government-is\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/the-largest-source-of-revenue-of-u-p-government-is\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"mcq","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/"},{"@type":"ListItem","position":3,"name":"Economics","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/economics\/"},{"@type":"ListItem","position":4,"name":"The largest source of revenue of U.P. Government is"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/2416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=2416"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/2416\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=2416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=2416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=2416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}