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CONTENTS
English
Economics
History & Civics
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Question-1
Taxes could be imposed on _______________
(A)
Salaries
(B)
Wages
(C)
incomes
(D)
All of these
Question-2
Direct taxes economical means ___________________
(A)
Cost of collection is less
(B)
Very difficult to collect
(C)
Cost of collection is high
(D)
None of these
Question-3
__________________ tax is imposed on the income or property of a person.
(A)
Indirect
(B)
Direct
(C)
Transparent taxes
(D)
All of these
Question-4
Government spends the funds for ________________
(A)
maintenance of law
(B)
maintenance of order
(C)
Social development
(D)
All of these
Question-5
Administrative revenues are the ________________ of administrative function of the governments.
(A)
Fianl product
(B)
Intermediate products
(C)
By product
(D)
None of these
Question-6
The most important sources of revenue to all the governments in the world is __________________
(A)
Public borrowing
(B)
Printimg currency
(C)
Taxes
(D)
None of these
Question-7
Income and profits of the public sector undertakings are known as _______________
(A)
Interest receipts
(B)
Dividend and profits
(C)
Grants-in-aid
(D)
None of these
Question-8
Other than public revenue, the sources of government revenue are __________________
(A)
Public borrowing
(B)
Printing currency
(C)
Borowing from international agencies
(D)
All of these
Question-9
The tax liability increases in the same proportion as the increase in the income in the case of ______________ taxation.
(A)
Proportional
(B)
Progressive
(C)
Regressive
(D)
Degressive
Question-10
Excise duties are imposed by ______________
(A)
State government
(B)
Central governemnt
(C)
Local government
(D)
None of these
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