Home > Indian Economy > Quizzes > Fiscal System of India
Fiscal System of India
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 0% • Most missed: “The rate of growth of the tertiary sector has been:”
Fiscal System of India
Time left 00:00
25 Questions

1. Which of the following schemes was intended to tap the black money?
2. A deflator is a technique of: [IAS 1992]
3. National income calculated at current prices in India has shown a tendency to rise at a faster rate than national income at constant prices. This is because:
4. Which one of the following forms the largest share of deficit in Govt. of India budget? [UP PCS 2002]
5. Which of the following is not true about 'vote-on-account'? [Bank PO 1991]
6. In India GDP is higher than GNP because country's:
7. The rising prices in India can be checked through: 1. Budgetary policy 2. Monetary policy 3. Increasing production 4. Increasing income levels Choose your answer from:
8. Railway Budget in India was separated from general budget in :
9. The most appropriate measure of a country's economic growth is the:
10. Temporary tax levied to obtain additional revenue is called:
11. Which of the following are the main causes of slow rate of growth of per capita income in India? [IAS 1993] 1. High capital-output ratio 2. High rate of growth of population 3. High rate of capital formation 4. High level of fiscal deficits
12. Which of the following are referred to as the developed economies?
13. To know whether the rich are getting richer and the poor getting poorer - it is necessary to compare; [IAS 1994]
14. Match the following: List-I List-II A. Depression 1. Coexistence-of inflation and stagnation B. Recession 2. Recovery from depression C. Reflation 3. Reduction in production over a short period D. Stagflation 4. Insufficient demand leading to idle men and machinery over a long time 5. Reduction in level of economy due to falling prices A B C D
15. Which of the following is not a method of estimating national income? [I. Tax & Central Excise 1991]
16. Consider the following taxes: 1. Corporation Tax 2. Value Added Tax 3. Wealth Tax 4. Import duty Which of these is/are Indirect taxes?
17. After the initiation of economic reforms in 1991-92 the percentage share of: [CDS 1999]
18. Taxation and the government's expenditure policy are dealt under the :
19. Fiscal deficit in the budget means: [CDS 1999]
20. Which of the following is not part of state tax?
21. Which of the following is not a direct tax?
22. The standard of living in a country is represented by its:
23. Who is the chairman of 13th Finance Commission?
24. Increase in Oil Pool Deficit implies:
25. The minimum effect of Direct Taxes is on :

⚡ Recently practiced quizzes in this topic
Live quiz activity
Trends and Cases in Finance Practice Test Indian Banking System and Capital Market Banking Services Management (BSM) Practice Test Poverty - Unemployment and Alleviation Programmes Fundamentals of Rural Development Practice Test: Rural Development Planning and Management Currency and Inflation Fundamentals of Indian Economy and Planning Industries - Infrastructure and Foreign Trade Mauryan dynasty Indian Economy
 
❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

🌈  Our mission is to help improve your scores in any subject and exam withonline quizzes, practice tests, study guides, & advice for students. Since 2018.
About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | OSHA Basics Quiz | What Should We Know?
Privacy | Terms |
Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com

All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.