quiz 6, 7 Dec 2022
Question 1
Development expenditure of the Central government does not include
defence expenditure
expenditure on economic services
expenditure on social and community services
grant to states
Question 2
Gilt-edged market means
bullion market
market of government securities
market of guns
market of pure metals
Question 3
If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
will decrease
will increase
will neither increase nor decrease
None of the above
Question 4
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 5
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