quiz 5, 18 nov 2022
Question 1
Deficit financing leads to inflation in general, but it can be checked if
government expenditure leads to increase in the aggregate supply in ratio of aggregate demand
only aggregate demand is increased
all the expenditure is denoted national debt payment only
All of the above
Question 2
On which one of the followings is the benefits received principle of taxation to achieve optimality bases?
Marginal benefit received
Total benefit received
Average benefit received
Ability to pay for the benefit
Question 3
Which of the following items would not appear in a company's balance sheet?
Value of stocks of raw materials held
Total issued capital
Revenue from sales of the company's products
Cash held at the bank
Question 4
In the state of India, the State Financial Corporation have given assistance mainly to develop
medium and small-scale industries
cottage industry
large-scale industries
agricultural farms
Question 5
States earn maximum revenue through
land revenue
custom revenue
commercial taxes
excise duties on intoxicants