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AE-JE Foundation: Indian Economics (Introduction to Budget and Taxation)

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Question 1

What is the full form of CRR?

Question 2

"Functional Finance" is associated with :

Question 3

The government set up a committee headed by the Chairman, Central Board of Direct Taxes some time back to go into

Question 4

Which of the following sets of taxes belongs to Central Government?

Question 5

Under which Amendment to the Constitution of India was Goods and Services Tax imposed?

Question 6

Gilt-edged market means

Question 7

Which of the following is a tax shared between the state and central government?

Question 8

What are the aims of “Special Economic Zone”?
I. Increased trade, increased investment, job creation and effective administration
II. Creation of New Financial policies
III. Tax holidays
IV. Foreign direct investment

Question 9

What will you call a system of taxation under which the poorer sections are taxed at higher rates than the richer sections?

Question 10

Excise duty is a tax levied on the

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Aug 15AE & JE Exams