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GK
GK Set-1
Economics
Indian Economics
31

Indian Economics MCQ (GK Set-1) with Answers

31) Income tax,corporate tax ,Inheritance tax etc. are incident on person or organisation.These taxes are called :

local tax

indirect tax

direct tax

rate

Answer is:

direct tax

Indian Economics MCQ (GK Set-1) with Answers

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Related Indian Economics MCQ (GK Set-1) with Answers

32) rate of growth of an economy is measured in terms of :

per capita income

industrial development

Number of people who have been lifted above the poverty line

national income

Answer is:

national income

33) which of the following represent the standard of living in a country ?

national income

per capita income

poverty ratio

Unemployment rate

Answer is:

per capita income

34) which is the best measure of economic growth of the country ?

GNP

GDP

Net revenue

none of these above

Answer is:

GDP

35) By which bill does the government make arrangment for the collection of revenues for a year ?

Supplementary Budget

Finance bill

Fiscal budget

Economic bill

Answer is:

Finance bill

Indian Economics MCQ (GK Set-1) with Answers

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