(Hindi) 30 Expected MCQ's for NTA NET

Public Economics 30 Expected MCQ's for NTA NET

Q1-Income tax is generally based on- 1. Benefit Received Principle 2. Ability to Pay Principle 3. Willingness to pay Principle 4. None of the Above

Q2-Which method can help in obtaining a welfare improvememt ifE ? Xternalities exist: 1. Regulation 2. Assigning Property Rights and Permitting Bargaining 3. Pigovian Taxes 4. All of the Above

Q3-Satuatory incidence of a tax deals with- 1. 2. 3. The person legally responsible for paying the tax The amount of revenue left over after taxes The amount of taxes paid after accounting for inflation The amount of tax revenue generated after a tax is levied 4.

Q4-Maximum social advantage is acheived when- 1. 2. 3. 4. Total Social Sacrifice-Total Sactifice Benefits Marginal Social Sacrifice-Marginal Social Benefits Net Social Sacrifice-Net Social Benefits Average Social Sacrifice-Average Social Benefits

Q5-Fiscal deficit as on 1 Feb 2017-18? 1.3.3 2.3.5 3.3.4 4.3.2

Q6-Primary Deficit as on 1 Feb 2018 for Union Budget 2018-19?

Q7-The case For progressive tax rates rests on- 1. Benefits Received 2. Cost of Service 3.Ability to Pay 4. None of the Above

Q8-Primary Deficit is measured by- 1. Fiscal Deficit-Interest payments 2. Budget Deficit-Interest payments 3. Budget deficit+total Borrowings 4. Total Revenue Exp-Total Revenue Receipts

Q9-A forward-Shifted tax will affect: 1. Buyers and Sellers Equally 2. Sellers more than Buyers 3. Government revenue Negatively 4. Buyers more than Sellers

O10-Market Failure can occur because of- 1. Imperfect Competition 2. Externalities 3. Both 1 and 2 4. Neither 1 and 2

Q13-Gender Development index is given by 1.World Bank 2. UNDP 3. World Economic Forum 4. United Nations

Q16-The greater the elasticity of supply,the greater iS- 1. Incidence of tax on buyer 2, Incidence of tax on sellers 3. Impact of tax on sellers 4. Impact of tax on buyers

18-The ability to pay principle of taxation is logically most consistent with th e noramative no 1. 2. Horizontal equity 3. Value-Added taxation 4. Vertical Equity Tax Neutrality

Q19-The Benfit theory of allocation of tac burden was given by 1.Seligman 2.Lindhal 3. Dalton 4. Pigou

Q20-The social cost curve lies above the private cost curve for the producer in cae of lo 1. Positive Externalities 2. Negative Externalities 3. Public Goods 4. Near-Public Goods

Q24-Who among the following is asspciated with the theory of optimal taxtaion? 1.H.Daltor 2. R.A Musgrave 3. U.K Hicks 4. G.Mankiw

Q26-Tax Incidence refers to- 1. Whether a tax is progressive,Proportional or Regressive 2. How often a tax is collected 3. The person or Group who ends up paying a tax 4. How a tax is collected

Q28-Gender Budgeting means: 1.A seprate budget for women 2. A tool for gender empowerment 3. A tool for Gender Discrimination 4. A separate budget for men and women

Q29-A proportionate increase in tax revenue to a proportionate increase in the tax base 1s called 1. Elasticity of a tax 2. Buoyancy of a tax 3. Neutrality of a tax 4. None of the above

Q30-Income tax of India relies on- 1. Horizontal Equity 2. Vertical Equity 3. Both 1 and 2 4. None of the above