Public Economics in Business Management : Practice MCQ Questions & Answers with Explanations

Dalton has divided debt redemption fund into

Customs duties are imposed on commodities as they cross

Critical Limit Hypothesis was associated with the name of

Corporate Income tax is the tax levied on

Chairman of the first Finance Commission

Central Assistance for State and UT plan is a part of

Capital Levy method has been advocated by

Author of General Theory of Employment, Interest and Money

Among the following canons of taxation which one has been given by Adam Smith

Agricultural Holding Tax was recommended by

Advolorum duties are levied on

Adolph Wagner was a.................Economist

According to Musgrave the major functions of public finance is

According to Laffer, when the tax rate is 100 per cent , the tax revenue will be

According to Colin Clark maximum limit of the tolerance level is ...... of GNP

A tax that can be shifted is called

A tax levied upon a firm as a percentage of its value added

A tax levied at 5 percent on the first Rs. 10,000 of income, 10 percent on the next Rs20,000 and 12 percent on the next Rs 30,000 would be

A proportional tax is one in which the rate of tax remains ....... irrespective of the level of income

A duty levied on goods when they entering a town