objective questions and answers on indian fiscal system
Questions
Download in pdf multiple choice questions(mcqs) & answers on fiscal system. These general awareness quiz objective questions answers include mcqs on Excise duty, Wholesale Price Index (WPI) etc.
41
Which of the following is a true statement about India Since 1951 ?
A
National and per capita incomes have both increased fast
B
National income has increased but per capita income has decreased
C
National income and per capita income have increased every year
D
National income has increased and per capita income has also increased but at a slower rate
45
Which one of the following statements appropriately describes the “fiscal stimulus” ?
A
It is a massive investment by the Government in manufacturing sector to ensure the supply of goods to meet the demand surge caused by rapid economic growth
B
It is an intense affirmative action of the Government to boost economic activity in the country
C
It is Government’s intensive action on financial institutions to ensure disbursement of loans to agriculture and allied sectors to promote greater food production and contain food inflation
D
It is an extreme affirmative action by the Government to pursue its policy of financial inclusion
