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

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Question 1

Which of the following may be classified as a ‘Pigouvian tax’?

Question 2

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 3

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

Question 4

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

Question 5

"Functional Finance" is associated with :

Question 6

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

Question 7

"Taxes on agricultural income" is listed in the __________ list given in the Seventh Schedule in the Constitution of India.

Question 8

When was the Wealth tax first introduced in India?

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

Who introduced income tax in India?

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