Andhra Pradesh (English Medium) Std 9 Study Materials, Online Learning, Question Papers, Classnotes, Practice Test, MCQ | Smartindia Educational Program : www.smartindia.net.in

Question-1
An example for Revenue expenditure.

(A) Irrigation Projects	(B) Hospitals
(C) Power Projects	(D) National Highways

Question-2
Level of compliance and tax rates are

(A) Positively related	(B) Negatively related
(C) Not related	(D) Constant

Question-3
Who is the present Finance Minister of India?

(A) P.Chidambaram	(B) Pranab Mukherjee
(C) E.Ahammed	(D) Lalu Prasad Yadav

Question-4
Which one of the following is the characteristics of a good tax structure?

(A) Corporate Tax	(B) Cannon of Simplicity
(C) Cannon of Uncertainty	(D) Cannon of Non-convenience

Question-5
The Government spends for the benefit of public is known as

(A) Government expenditure	(B) Public Revenue
(C) Budget Deficit	(D) Capital Expenditure

Question-6
Which one of the following is an example of Non- Tax Revenue?

(A) Penalities and Fines	(B) Income Tax
(C) Sales Tax	(D) Property Tax

Question-7
The taxes on entertainment such as cinema and circus.

(A) Surcharge	(B) Turnover tax
(C) Entertainment Tax	(D) Excise duty

Question-8
Union Taxes are levied by

(A) State Government	(B) Central Government
(C) RBI	(D) Panchayat

Question-9
The total amount of money received from its citizen to meet its expenditure is

(A) Public Revenue	(B) Government expenditure
(C) Public expenditure	(D) Public Debt

Question-10
The benefits of consuming a good or service accrue to society as a whole.

(A) Public goods	(B) Private goods
(C) Durable goods	(D) Economic goods

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Std 9

Andhra Pradesh (English Medium)

Practice in Related Chapters
Budget
Concepts of National Income
Macro Economics
Meaning and Indicators of Economic Development
Revenue And Expenditure
Money and Banking