Smartindia Classroom
CONTENTS
English
Economics
History & Civics
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Question-1
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-2
____________________ is a kind of charge levied on persons who are the beneficiaries to defray the cost of a specific improvement to property undertaken in the public interest.
(A)
License fees
(B)
Fines
(C)
Special assessment
(D)
Customs charges
Question-3
________________ refers to the person who bears the burden of the tax finally
(A)
Impact
(B)
Incidence
(C)
Tax transparency
(D)
None of these
Question-4
________________ is the tax which the rate of taxation decreases as the tax payer?s income goes up.
(A)
Proportional
(B)
Progressive
(C)
Regressive
(D)
Degressive
Question-5
Economist classified taxes on the basic of _________________
(A)
Forms
(B)
nature
(C)
Aims
(D)
All of these
Question-6
Income tax is levied on _________________
(A)
Salaries
(B)
Property
(C)
Capital gains
(D)
All of these
Question-7
_______________ are the example of administrative revenue.
(A)
Fees
(B)
License fees
(C)
Fines
(D)
All of these
Question-8
Fiscal operations include __________________
(A)
Borrowing
(B)
Spending
(C)
maintaining reserves
(D)
All of these
Question-9
Public revenue plus income of the government from other sources are known as
(A)
Public receipts
(B)
Public finances
(C)
Public expenditure
(D)
All of these
Question-10
The main sources of tax revenue of the state governments in India is ________________
(A)
Share of income tax
(B)
Share of agricultural income tax
(C)
Professional tax
(D)
All of these
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