Smartindia Classroom
CONTENTS
English
Economics
History & Civics
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Question-1
___________________ is the branch of economics deals with revenue and expenditure of the government
(A)
Public revenue
(B)
Public expenditure
(C)
Public finances
(D)
Monetary finances
Question-2
________________ is paid in those cases where the government grants permission or provides the privilege of doing certain things or activities.
(A)
Fines
(B)
Fees
(C)
Estate duty
(D)
License fees
Question-3
The burden of the tax directly fall on the person it is targeted is known as __________________ tax.
(A)
Indirect
(B)
Direct
(C)
Transparent taxes
(D)
All of these
Question-4
_______________ taxes is mildly progressive.
(A)
Progressive
(B)
Rigressive
(C)
Degressive
(D)
None of these
Question-5
Customs duties take the form of ________________
(A)
Ad volerun duties
(B)
Specific duties
(C)
a and b
(D)
None of these
Question-6
Government raises funds through ________________
(A)
Taxes
(B)
Fees
(C)
Fines
(D)
All of these
Question-7
___________ are the examples of commercial revenue
(A)
Payment for electricity
(B)
Pyment for cooking gas
(C)
payment for railway services
(D)
All of these
Question-8
The basic difference between taxes and other sources of government revenue is that _____________
(A)
Rate varies from person to person
(B)
Rate varies from institutions to institutions
(C)
Elemts of compulsions
(D)
All of these
Question-9
_________________ tax is not imposed on the total value of the commodity.
(A)
Progressive
(B)
Value added tax
(C)
Specific
(D)
Ad valorem
Question-10
_______________ are the example of administrative revenue.
(A)
Fees
(B)
License fees
(C)
Fines
(D)
All of these
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Plus 2 Humanities
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