Revenue Sources – NBC Institute

PSAF – May 2023 – L1 – SC – Q7 – Government Revenue

Differentiates public revenue and receipts, oil and non-oil revenue, and discusses revenue allocation challenges in Nigeria.

Question

Government, like any other economic unit, needs funds, which can be raised from various sources for the purpose of financing its activities.

Required:

a. Differentiate between:
i. Public revenue and public receipts, and state their sources. (3 Marks)
ii. Oil and non-oil revenue. (2 Marks)

b. Discuss FIVE problems associated with revenue allocation in Nigeria. (10 Marks)

Answer

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Tags: Nigeria, Public Revenue, Revenue Allocation, Revenue Sources
Level: Level 2

Topic: Government Revenue
Series: MAY 2023

PSAF – July 2023 – L2 – Q5c – Public sector financing initiatives

Outline the sources of income for the District Assembly Common Fund (DACF) and the Petroleum Holding Fund (PHF).

Question

In accordance with Article 175 of the Constitution of the Republic of Ghana, the Public Funds of Ghana consist of the Consolidated Fund, Contingency Fund, and such Other Funds as may be established by or under the authority of an Act of Parliament. Other Funds established by or under the authority of an Act of Parliament include the District Assembly Common Fund (DACF) and the Petroleum Holding Fund (PHF).

Required:
With respect to each fund (DACF and PHF), outline THREE (3) sources of income.

Answer

Find Related Questions by Tags, levels, etc.

Tags: DACF, PHF, Public Finance, Public Funds, Revenue Sources
Level: Level 2

Topic: Public sector financing initiatives
Series: JULY 2023

PSAF – May 2023 – L1 – SC – Q7 – Government Revenue

Differentiates public revenue and receipts, oil and non-oil revenue, and discusses revenue allocation challenges in Nigeria.

Question

Government, like any other economic unit, needs funds, which can be raised from various sources for the purpose of financing its activities.

Required:

a. Differentiate between:
i. Public revenue and public receipts, and state their sources. (3 Marks)
ii. Oil and non-oil revenue. (2 Marks)

b. Discuss FIVE problems associated with revenue allocation in Nigeria. (10 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Nigeria, Public Revenue, Revenue Allocation, Revenue Sources
Level: Level 2

Topic: Government Revenue
Series: MAY 2023

PSAF – July 2023 – L2 – Q5c – Public sector financing initiatives

Outline the sources of income for the District Assembly Common Fund (DACF) and the Petroleum Holding Fund (PHF).

Question

Required:
With respect to each fund (DACF and PHF), outline THREE (3) sources of income.

Answer

Find Related Questions by Tags, levels, etc.

Tags: DACF, PHF, Public Finance, Public Funds, Revenue Sources
Level: Level 2

Topic: Public sector financing initiatives
Series: JULY 2023

Question Tag: Revenue Sources

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PSAF – May 2023 – L1 – SC – Q7 – Government Revenue

Differentiates public revenue and receipts, oil and non-oil revenue, and discusses revenue allocation challenges in Nigeria.

PSAF – July 2023 – L2 – Q5c – Public sector financing initiatives

Outline the sources of income for the District Assembly Common Fund (DACF) and the Petroleum Holding Fund (PHF).

PSAF – May 2023 – L1 – SC – Q7 – Government Revenue

Differentiates public revenue and receipts, oil and non-oil revenue, and discusses revenue allocation challenges in Nigeria.

PSAF – July 2023 – L2 – Q5c – Public sector financing initiatives

Outline the sources of income for the District Assembly Common Fund (DACF) and the Petroleum Holding Fund (PHF).

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PSAF – May 2023 – L1 – SC – Q7 – Government Revenue

Differentiates public revenue and receipts, oil and non-oil revenue, and discusses revenue allocation challenges in Nigeria.

You're reporting an error for "PSAF – May 2023 – L1 – SC – Q7 – Government Revenue"

PSAF – July 2023 – L2 – Q5c – Public sector financing initiatives

Outline the sources of income for the District Assembly Common Fund (DACF) and the Petroleum Holding Fund (PHF).

You're reporting an error for "PSAF – July 2023 – L2 – Q5c – Public sector financing initiatives"

PSAF – May 2023 – L1 – SC – Q7 – Government Revenue

Differentiates public revenue and receipts, oil and non-oil revenue, and discusses revenue allocation challenges in Nigeria.

You're reporting an error for "PSAF – May 2023 – L1 – SC – Q7 – Government Revenue"

PSAF – July 2023 – L2 – Q5c – Public sector financing initiatives

Outline the sources of income for the District Assembly Common Fund (DACF) and the Petroleum Holding Fund (PHF).

You're reporting an error for "PSAF – July 2023 – L2 – Q5c – Public sector financing initiatives"

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