A _________ is one imposed upon an individual person or on property, as distinct from a tax imposed upon a transaction.
Direct tax
Indirect tax
Sales tax
Service tax
An example for direct tax
Fine
Property tax
Customs duty
Problem of Capitalist economic system
Monopoly
Self management
Economic growth
Self production
An example for productive debt
To cover deficit
For war expenses
For the construction of dams
For paying taxes
Entertainment tax is an example for _________ tax.
Expenditure tax
Which budget is presented when government cannot present the full budget for one year?
Capital budget
Revenue budget
Emergency budget
Interim budget
The compulsory payment made by a citizen to the government.
Fees
Tax
Grant
An economic system in which productive factors are owned by government and less importance is paid to private sector.
Capitalist system
Mixed economic system
Socialist system
Communist economic system
What is the reason for the growth of public debt in India?
Urbanization
Adult literacy
Inflation
Expenses on internal security
The sector which is the most ideal area for non tax sources.
Industrial sector
Agricultural sector
Service sector
Private sector
