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Q.

The Municipal Corporation collects money in different forms like


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a

Property taxes

b

Education taxes

c

Water taxes

d

All of the above 

answer is D.

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Detailed Solution

We know that the municipal corporation has to undertake many activities to ensure the city's prosperity. These activities require a lot of workers and a large amount of money. The municipal corporation earns money needed in several ways. It collects taxes from the residents of the city who seek its services. The property tax will be provided by the people who earn some property. Similarly, taxes have to be paid for the water supply that the corporation ensures. It also levies an education tax.
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