Public Economics MCQ Multiple Choice Questions - Page 6 for Practice

Public Economics MCQ Questions for Practice

151. Public goods are non-rivial if

152. Redemption of public debt means

153. Salaries and pensions paid by governments are called

154. Scope of public finance includes

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

156. Service tax in India was introduced in

157. Shortcoming of public debt is

158. Short-period debts are called as

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

160. Special Assessment means

161. Tax avoidance is

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

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

164. The Annual Account of both the income and expenditure is called

165. The balanced budget principle was advocated by

166. The basic principle of public finance is

167. The Benefit Principle of taxation states that tax should be paid in proportion to

168. The best system of public finance is that which secures the maximum social advantage from the operations which it conducts is the dictum of

169. The burden of direct taxes is borne by

170. The burden of long term public debt is on

171. The burden of long-term public debt fall on

172. The chairman of the 15th Finance Commission of India is

173. The Classical economists asserted that public expenditure is

174. The Concentration theory of tax shifting and incidence was developed by

175. The concept of decentralized planning received renewed attention in India with the 73rd and 74th Constitutional Amendment Acts of

176. The concept of Merit good was introduced by

177. The concept of merit good was introduced in the year

178. The controlling authority of Government expenditure is

179. The Current financial transactions of the government which are of recurring in nature is known as

180. The debts which the government promises to pay off at a specified date are called

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Multiple Choice Questions and Answers on Public Economics

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