1. Non Tax revenues can be increased by improving the working of the (3)
- 1. State Road Transport Corporations
- 2. electricity boards
- 3. commercial irrigation projects
- 4. All of the above
2. Which of the following is not viewed as a national debt? (3)
- 1. Provident Fund
- 2. Life Insurance Policies
- 3. National Saving Certificate
- 4. Long-term Government Bonds
3. The condition of indirect taxes in the country’s revenue is approximately (4)
- 1. 70 percent
- 2. 75 percent
- 3. 80 percent
- 4. 86 percent
4. Deficit financing means that the government borrows money from the (1)
- 1. RBI
- 2. local bodies
- 3. big businessmen
- 4. IMF
5. Revenue of the state governments are raised from the following sources, except (3)
- 1. entertainment tax
- 2. expenditure tax
- 3. agricultural income tax
- 4. land revenue