Public Economics MCQ Multiple Choice Questions Answers - Page 3 for Practice

61. Marginal cost of providing the public goods to additional consumers is

62. Market failure refers to a situation when

63. Merit goods means

64. Mixed goods are those goods having benefits which are

65. Modern Canons of taxation are propounded by

66. Modified Value Added Tax was introduced in India in

67. Modvat means

68. Non-exclusion principle is related to

69. Non-Plan Grants are determined by

70. Non-rivalray and non-excludability are the characteristics of

71. Principle of sound finance refers to

72. Private goods are characterized by

73. Public Authorities Include

74. Public debt leads to extravagance, encouraged resort to war and induced badeconomic conditions. This statement is of

75. Public Debt Management refers to

76. Public Expenditure increases

77. Public Goods are

78. Public goods are non-rivial if

79. Redemption of public debt means

80. Salaries and pensions paid by governments are called

81. Scope of public finance includes

82. Securities Transactions Tax(STT) was introduced in the year

83. Service tax in India was introduced in

84. Shortcoming of public debt is

85. Short-period debts are called as

86. Sound tax policy is devised mainly on the basis of

87. Special Assessment means

88. Tax avoidance is

89. Taxes which are based on specific qualities or attributes of goods are called

90. The .................... had recommended certain reforms on the devolution of Grant-in-Aid (Plan fund) to LsGs from 2006-07 to 2010-11


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Multiple Choice Questions and Answers on Public Economics

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