Postponing payment of tax
Tax payment according to ability to pay
Making false declaration of taxable income
Paying little amount of money as tax
Correct answer is C
No explanation has been provided for this answer.
Which of the following is a direct tax
Import duty
Export duty
Capital gain tax
Sales tax
Correct answer is C
No explanation has been provided for this answer.
Public expenditure can be financed from all the following sources except the
Borrowing
Grant-in-aid
Royalties and rent
Mobilization fees
Correct answer is D
No explanation has been provided for this answer.
A reduction in aggregate demand
Inflation
Depression
Budget surplus
Correct answer is B
No explanation has been provided for this answer.
Short-term loans can be sourced from
The central banks
Development banks
Mortgage banks
Commercial banks
Correct answer is D
No explanation has been provided for this answer.