Global MCQ Practice

🌐 Total MCQ
Home > General Knowledge > Indian Economy > Planning > Fiscal System Of India – Quiz 2
🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books

Fiscal System Of India Quiz 2 (25 MCQs)

Quiz Instructions:

Select an option to see the correct answer instantly.

1. 'Liquidity trap' is a situation in which:
2. Which one of the following statements is correct? Fiscal Responsibility and Budget Management Act (FRBMA) concerns [IAS 2006]
3. Which of the following constitute the internal debt of the Central Government?1.Treasury Bills2.Non-marketable securities issued by Central GovernmentSelect the correct answer using the code given below:
4. Which of the following schemes was intended to tap the black money?
5. Which one of the following is the most important item of non-plan expenditure?
6. Fiscal Policy in India is formulated by which of the following?
7. Share of Direct tax in post economic reform is:
8. India's progress has been reasonably satisfactory in connection with:
9. One of the major objectives of Fiscal Policy in India has been to attain a match between the revenue receipts and revenue expenditures. Which among the following is NOT a measure towards achieving this objective?
10. The Indian budget includes:
11. Real national income denotes:
12. After 1991, the Central Government implemented various far-reaching reforms in the area of taxation. This was based on the recommendations of the: [CDS 1999]
13. The prime pirpose of moentary policy is to maintain
14. The recommendations of the Finance Commission are:
15. Equality in a country can be best brought through
16. Which among the following sectors received the largest Central plan outlay in the last few Central Government annual budgets? [CDS 2002]
17. The rate of growth of the tertiary sector has been:
18. Which among the following formulates fiscal policy?
19. Under VAT, how many slabs are there?
20. A tax Which is paid by the person on whom the tax is incident is called a :
21. The existence of a Parallel Economy or Black Money: [CPO SI 2003]
22. How does the consumer benefit with VAT? [CPO SI 2003]
23. National income is the same as:
24. A budgetary deficit means:
25. The prices at which the government purchases food grains for maintaining the public distribution system and for building up buffer stocks are known as :
← PreviousNext →

Related Quizzes

🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books