Public Revenue MCQ Questions and Answers for Practice

Public Revenue Multiple Choice Questions (MCQs) are essential for students and exam aspirants to test their understanding and prepare effectively for assessments and interviews.

About Public Revenue MCQ Questions

Public Revenue MCQs cover key concepts such as taxation, government expenditure, fiscal policy, and revenue generation. These questions help in understanding how governments manage financial resources and ensure economic stability.

Why Practice Public Revenue Objective Questions?

Practicing Public Revenue MCQs offers several benefits. It helps in reinforcing your knowledge, improving your problem-solving skills, and preparing for school or college exams, competitive exams, and job interviews. Regular practice ensures that you are well-versed with the subject matter and can confidently answer questions in various formats.

Who Should Use These MCQs?

  • Students preparing for school or college exams
  • Competitive exam aspirants
  • Candidates preparing for interviews

Public Revenue MCQ Questions for Practice

1. The objective of taxation by the Government are

2. Which of the following is not a direct tax?

3. Transfer Payments include

4. The following is an example of commercial non-tax revenue

5. The following is an example of administrative non-tax revenue

6. On what broad aspect of commodities are indirect taxes imposed

7. The following is not a characteristic of a tax

8. The following is a characteristic of indirect tax

9. The following is a characteristic of a direct tax

10. In India service tax was introduced in

11. Special assessment is also known as

12. Impact of a tax refers to

13. After levying of a tax, if the price does not rise at all, it means that

14. Which factor has no role in the shifting of a tax?

15. Pick out the statement which is not true with regard to tax shifting

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