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Public Economics MCQ Multiple Choice Questions Answers - Page 2 for Practice

31. Defict financing includes

32. Direct taxes have the element of

33. Education is an example of

34. Education is an example of

35. Elastic revenue response to marginal tax rate reductions is called

36. Equals treated equally in taxation leads to

37. Equals treated equally in taxation leads to

38. Escheat is an example of

39. Existence of Centre State economic inequalities is known as

40. Expenditure Tax for India was recommended by

41. Federal Finance deals with

42. Finance Commission determines

43. Formation of...............is the actual method of debt redemption

44. free rider problem is one of the characteristics of

45. Functional Finance concept was introduced by

46. Functional Finance functions through

47. Gender budgeting started in India with the Union budget of

48. Gift tax was introduced in the year

49. Grants recommended by the Finance Commission are known as

50. In India GST was introduced in the year

51. In India, personal income tax is levied on individuals by

52. In proportional tax system, the rates of tax remain

53. In the case of direct tax, impact and incidence are on

54. In the case of regressive tax, the rate of tax.....................as income increases

55. In the following which is the characterstic of a tax

56. In which year GST was first introduced

57. Incidence of a tax refers to the........................burden of tax

58. Incidence of tax means

59. Indirect taxes have an element of

60. Laffer curve suggest that the

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Multiple Choice Questions and Answers on Public Economics

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