The State and Economic Development

The instruments of State Intervention to help its producers are ………………………

• Monetary Policy

• Education Policy

• Fiscal Policy

The Policy under which the government uses its expenditure and revenue programmes is known as ……………………………

• Monetary Policy

• Price Policy

• Fiscal Policy

Taxes paid by those on whom they are legally imposed is called as ……………… Taxes.

• Direct

• Indirect

Taxes imposed on one person but paid partly or wholly by another is known as ……………… taxes.

• Direct

• Indirect

Income Tax is an example of ………………… taxes.

• Direct

• Indirect

Property Tax is an example of ……………… taxes.

• Direct

• Indirect

Sales tax is an example of ………………… taxes.

• Direct

• Indirect

CorporateTax is an example of ……………………taxes.

• Direct

• Indirect

When incomes are teamed at an uniform rate, it is known as ……………………………… tax.

• Proportional

• Progressive

• Regressive

• Degressive.

When the rate of tax increases with the increase in the taxpayer’s income, it is known as ………………… tax.

• Progressive

• Proportional

• Regressive

• Degressive