Public Expenditure and Public Revenue

Which of the following not a developmental expenditure of Govt.?

• constructing roads

• starting up new enterprises

• setting up

  educational institutions

• Expenditure incurred for paying interest

Which of the following is not a reason for increasing Public expenditure.

• Increase in the defence expenditure

• Imposing new tax

• Welfare activities

• Urbanisation

Which one of the follwing is a feature of indirect tax?

• Expenditure on tax collection is more

• Paid by the person on whom it

  is imposed

• Tax payer undertakes the

  burden of the tax.

• The tax is included in the price

  paid by the consumer

Which one of the following is not an example for direct tax?

• Personal Income Tax

• Corporate tax

• Goods and

  Services Tax (GST)

• Land tax

Goods and Services Tax (GST) was

introduced in India on....

• 21st July 2017

• 1st June 2017

• 1st July 2017

• 21st may 2018

Which are the GSTs collected by Central Govt?

• CGST alone

• SGST alone

• CGST and SGST

• CGST and IGST

Which is not a GST slab in India at present?

• 5%

• 25%

• 12%

• 18%

Which of the following is a Central Govt Tax?

• Land Tax

• • Property tax

• • Personal Income Tax

• Professional Tax

Which one of the following tax is collected by Local Self Governments?

• Professional Tax

• Corporate tax

• GST

• Stamp duty

Which one of the following is not a non-tax revenue of Govt?

• grant

• Fines and penalties

• Surcharge

• Profit