Top 150+ Solved Fiscal System of India MCQ Questions Answer

a. increase in price is equal to increase in production

b. increase in price is more than production

c. increase in production is more than increase in price

d. of decrease in production only

a. Mahalanobis

b. V.K.R.V. Rao

c. Dadabhai Naoroji

d. Prof. Sheroi

a. summing up the income of all the citizens of the country

b. dividing national income by the population

c. estimating the minimum income of individual citizens

d. dividing the total national capital with the profit earned

a. Contribution of Household sector is the largest

b. Contribution of Government sector is the largest

c. Contribution of Corporate sector is the largest

d. None of these

a. Net foreign investment

b. Private investment

c. Per capita income of citizens

d. Purchase of goods by government

a. Net Domestic Product at market price

b. Net Domestic Product at cost factor

c. Net National Product at market price

d. Net National Product at factor cost

a. gross domestic product

b. national income

c. gross domestic income

d. gross national income

a. Sales Tax

b. Corporation Tax

c. Income Tax

d. Union Excise Duties

a. Wealth Tax

b. Excise Duty

c. Profession Tax

d. Income Tax

a. Income Tax

b. Sales Tax

c. State Excise Duties

d. Land Revenue

a. Corporation Tax

b. Excise Duty

c. Wealth Tax

d. Capital Gains Tax