1.. Which of the following best describes the Fiscal policy?
2.Which of the following pairs is incorrectly matched?
3.Consider the following 1. Cut the custom duty on exports 2. Additional depreciation benefits in taxes 3. Hike MSP price Which of the above is/are use in fiscal policy to stimulate the economy?
4.. If indirect taxes in an economy are increased, then which of the following can occur? 1. GDP at factor cost increases 2. GDP at factor cost decreases 3. GDP at market price increases 4. GDP at market price decreases Select the correct answer using the codes given below.
5.Which of the following are the Non Debt Capitals receipts of governments 1. Recovery loans 2. Disinvestments 3. Listing of central government companies Select the correct answer using code given below
6.Laffer curve advocates in which of the following
7.Consider the following statements 1. Tax Devolution from the Centre to the State has been continuously increasing in the last three Financial years. 2. Finance commission grants to the state has been continuously increasing in the last three Financial years. Which of the above statement(s) is/are correct?
8.Consider the following statements with respect to Net Receipts of the Centre 1. Net Tax Revenue has continuously increased in the last one decade 2. Net Non-Tax Revenue has continuously increased in the last one decade 3. Non-Debt Capital receipts has continuously decreased in the last one decade Which of the above statement(s) is/are correct?
9.According to the Budget 2020-21, tax receipts of union government in descending order 1. Corporation Tax 2. Income tax 3. Customs 4. Excise Duties Select the correct answer using code given below.
10.Consider the following statements 1. The collections from indirect taxes have been more than direct taxes in last three FY 2. The collections from the income tax have been more than corporation tax in last three FY Which of the above statement(s) is/are correct?
