खालीलपैकी राज्यांचा करेतर महसूल कोणता ?

The correct answer is Option D (Grants from the central government).

Key Points:
• State Government Revenue Classification:
• Revenue receipts of state governments in India are bifurcated into Tax Revenue and Non-Tax Revenue.
• Breakdown of Components:
• Tax Revenue: Consists of Own Tax Revenue (state VAT, state excise, stamp duty, motor vehicle tax, property transactions - Option 3) and the State's Divisible Share in Central Taxes devolved by Finance Commissions under Article 280 (Option 1).
• Capital Receipts: Small savings loans from NSSF (Option 2) are debt-creating capital receipts, not revenue receipts.
• Non-Tax Revenue: Consists of Own Non-Tax Revenue (interest receipts, general/social/economic service user fees, forestry dividends) and Grants-in-Aid from the Central Government (Article 275 statutory grants, centrally sponsored scheme transfers).
• Final Answer Key Match:
• Grants from the Central Government constitute a major statutory component of a state's non-tax revenue, confirming Option 4.
• Key Takeaway: Grants-in-aid from the Centre to the States are accounted under the State's non-tax revenue receipts.