Fiscal Policy of India is formulated by
the Reserve Bank of India
the Securities and Exchange Board of India
the Finance Ministry
the Planning Commission
Financial Year in India is
April I to March 31
January 1 to December 31
October 1 to September 30
None of these
The loans taken by the government from within or outside of the country is known as
Tax
Public debts
Grants
Loans
By what term is the additional tax that is imposed on tax called?
Surcharge
Cess
Direct Tax
Indirect Tax
IGST means
Inter State GST
Integrated GST
Import GST
International GST
___________ is not a direct taxes.
Gift tax
Wealth tax
Income tax
GST
When does the purchasing power of the people increases?
During Deflation
During inflation
nil
What is the duration of a Budget ?
Annual
Two Years
Five Years
Ten Years
When was India's first Budget introduced?
7 April 1860
1 February 1948
26 November 1947
12 October 1947
Interest payments are a part of
Development Expenditure
Non-Development Expenditure
Capital Expenditure
All the above
