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Public Economics MCQ Questions for Practice

31. The neo-Keynesian approach to public finance is called

32. The principle of Maximum Social Advantage have been suggested by

33. The revenue of the State Government is raised from the following sources except one, which is that?

34. The Theory of Maximum Social Advantage was given by

35. The VAT was first introduced in

36. The VAT was first introduced in the year

37. The Wanchoo Committee (1971) probed into

38. The Zero-based budgeting was first adopted in

39. There is a view that reduced rates on income tax would lead to a significant rise in income tax revenue. This view has been attributed to

40. Those goods whose consumption and use are to be encouraged are called

41. Treasury bills issued by the Government are in the nature of

42. Unemployment insurance is an example of

43. Unfunded debts are also known as

44. Wagners Law is related to

45. When Ed is greater than Es, more incidence is on

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