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MCQs on Indian Fiscal System ( Part III )
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Indian Economy

Arijit Basu Chowdhury is teaching live on Unacademy Plus

Arijit Basu Chowdhury
Graduate in History from St.Paul’s Cathedral Mission College.My Philosophy is Being Basic and Being simple and show actually what you are 😊

U
Unacademy user
Mam please make lessons on - 1) Parliamentary Group 2) Judicial Review 3) Judicial Activism 4) PIL 5) Niti Aayog 6) Voting behaviour 7) Election Laws
Sony Mishra
2 years ago
Yeah, I have made a lesson on PIL and one more lesson in this course only It will live in 1 or 2 day. Soon I will try to cover other suggested topics.
Suman Singh
2 years ago
Thank you Mam
  1. ECONOMICS Indian Fiscal System ARIJIT BASU CHOWDHURY Target WBCS(EXECUTIVE)


  2. About Me Graduate in History from St.Paul's Cathedral Mission College, Kolkata Interests: Fitness, Current Affairs ,Burning Issues, Music, News Analysis . You can follow me on UNACADEMY https:/lunacademy.com/userlArijitBasuChowdhury Life has two rules: 1) Never quit. 2) Always remember Rule #1 . Rate, Review & Recommend


  3. MCQs on Indian Fiscal System 1. What is 'Recession'? a) Rise in the cost of production, especially because of wage increase b) Reduction of Gross Domestic Product(GDP) lasts hardly for few months c) Increase in money supply without a matching increase in production d) None of these 2. Buyer's market is a situation where: a) The supply exceeds the demand b) The demand exceeds the supply c) The demand and supply are well balanced d) Commodities are available at competitive rates


  4. MCQs on Indian Fiscal System 3. The rate of growth of per capita income is equal to: a) Rate of growth of national income b) Rate of growth of national income minus the rate of demographic inflation c) Growth in national income divided by the increase in population d) Rate of growth of national income divided by the rate of growth of population 4. he per capita income is obtained by: a) Summing up the income of all the citizens of the country b) Dividing national income by the population c) Estimating the minimum income of the individual citizens d) Dividing the total national capital with the profit earned


  5. MCQs on Indian Fiscal System 5. Which of the following taxes is not levied by the Union Government? a) Income Tax b) Land Revenue c) Excise Duty d) Wealth Tax 6. Which of the following is not a source of state government tax? a) Land revenue c) Sales and purchase of newspapers d) Stamp duty other than financial documents b) Entertainment tax 7. Which of the following is a indirect tax? a) Tax on income b) Tax on wealth c) Tax on expenditure d) Tax on entertainment


  6. MCQs on Indian Fiscal System 8. he main reason for low growth rate in India, in spite of high rate of saving and capital formation is: a) High capital/output ratio b) Low capital/output ratio c) High birth rate d) Low level of foreign investment 9. The tax whose share in overall taxation revenue has gone up rapidly during the planning period is a) Income tax b) Wealth tax c) Land revenue tax d) Tax on production 10. he most appropriate measure of a country's economic growth is the: a) Per capita real income b) Net domestic product c) Gross domestic product d) None of these


  7. MCQs on Indian Fiscal System 1. b) Reduction of Gross Domestic Product(GDP) lasts hardly for few months 2. a) The supply exceeds the demand 3. b) Rate of growth of national income minus the rate of demographic inflation 4. b) Dividing national income by the population 5. d) Wealth Tax 6. c) Sales and purchase of newspapers 7. d) Tax on entertainment 8. a) High capital/output ratio 9. d) Tax on production 10. a) Per capita real income