EASY
UPSC CAPF AC Paper - I
IMPORTANT
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Fiscal deficit in the Union Budget means:

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Important Questions on Indian Economy

EASY
UPSC CAPF AC Paper - I
IMPORTANT
14000+ Objective Questions General Studies>Chapter 8 - Indian Polity>Exercise 12>Q 98

Which one of the following statements appropriately describes the 'Fiscal stimulus'?

EASY
UPSC CAPF AC Paper - I
IMPORTANT
14000+ Objective Questions General Studies>Chapter 8 - Indian Economy>Exercise 9>Q 8
Which one of the following acts is going to be replaced by the Direct Taxes Code (DTC) in India?
MEDIUM
UPSC CAPF AC Paper - I
IMPORTANT
14000+ Objective Questions General Studies>Chapter 8 - Indian Economy>Exercise 9>Q 9
Fiscal deficit in the budget means
EASY
UPSC CAPF AC Paper - I
IMPORTANT
14000+ Objective Questions General Studies>Chapter 8 - Indian Economy>Exercise 9>Q 10
Match List I with List II and select the correct answer using the codes given below the lists 
     List I                   List II
A. Income Tax     1. Levied and collected by the Central Government
B. Corporation     2. Levied and Tax collected by the Central Government and shared by the State Government
C. Professional    3. Levied by the Tax Central Government but collected and appropriated by the State Government
D. Stamp Duties  4. Levied and collected by the State Governments
EASY
UPSC CAPF AC Paper - I
IMPORTANT
14000+ Objective Questions General Studies>Chapter 8 - Indian Economy>Exercise 9>Q 11
Consider the following taxes
1. Sales tax
2. Value-added tax
3. Property tax
Which of the taxes given above are Ad valorem tax/taxes?
EASY
UPSC CAPF AC Paper - I
IMPORTANT
14000+ Objective Questions General Studies>Chapter 8 - Indian Economy>Exercise 9>Q 12
Minimum Alternate Tax (MAT) is imposed by the Indian Government in addition to which one of the following tax?
EASY
UPSC CAPF AC Paper - I
IMPORTANT
14000+ Objective Questions General Studies>Chapter 8 - Indian Economy>Exercise 9>Q 13

Which of the following is/ are among the noticeable features of the recommendations of the thirteenth Finance Commission?

1. A design for the goods and services tax and a compensation package linked to adherence to the proposed design.

2. A design for the creation of lakhs of jobs in the next ten years in consonance with India's demographic dividend.

3. Devolution of a specified share of central taxes to local bodies as grants.

Select the correct answer using the codes given below:

EASY
UPSC CAPF AC Paper - I
IMPORTANT
14000+ Objective Questions General Studies>Chapter 8 - Indian Economy>Exercise 9>Q 15
Which among the following is/are true?
1. Deficit financing does not lead to inflation if adopted in small doses.
2. Deficit financing is an often used tool for financing budgetary deficits.
Select the correct answer using the codes given below.