Public Economics MCQ Multiple Choice Questions Answers - Page 6 for Practice

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

152. Unemployment insurance is an example of

153. Unfunded debts are also known as

154. Wagners Law is related to

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

156. When Ed=Es, the burden is divided between

157. When Ed=infinity or Es=0, the whole incidence is on

158. When Es=infinity or Ed=0, the whole incidence is on

159. When Esis greater than Ed, more incidence is on

160. When expenditure exceeds total tax revenue, it is called

161. When individuals with unequal tax paying ability should be taxed unequally in order to equal sacrifice is called

162. When the government raises revenue by borrowing from within the country is known as

163. Which is the main objective of a tax

164. Which is the main point on the basis of which public finance can be separated from private finance

165. Which is the method of financial adjustment between Centre and States?

166. Which is the tax shifting

167. Which of the following is a Statutory Body?

168. Which of the following is not a Commodity Tax

169. Which of the following is the major source of revenue in India

170. Which of the following taxes is the most likely to be regressive?

171. Which one of the following is a tax base

172. Which one of the following is an optional function of Government?

173. Which one of the following is not a method for redeeming public debt?

174. Which one of the following is not a public utility?

175. Which one of the following is not a tax base?

176. Which one of the following is the most acceptable theory of taxation

177. Which one of the following taxes is levied by the State Government only?

178. Which tax cannot be shifted to others?

179. Who is the author of the book The Theory of Public Finance?

180. Who is the exponent of Law of Increasing State Activities?


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