Resource Mobilization UPSC Questions

Economics

Resource Mobilization MCQ Questions


13.

Identify the statement which is TRUE.
i. Direct tax is a tax where the subject on whom the tax has been levied is identifiable.
ii. The tax burden cannot be shifted in Direct tax.
iii. Fifty-five percent of the tax revenue arrives through direct taxes
iv. Excise taxes are direct taxes.

A.

i,ii,iii

B.

i,iii

C.

Only iv

D.

iii,iv

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ANSWER :

A. i,ii,iii

14.
If the curden can be shifted, then it is called
A.
Indirect tax
B.
Direct tax
C.
Tax revenue
D.
Revenue expenditure
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ANSWER :
A. Indirect tax
15.
India primarily follows an/a _____ indirect tax structure.
A.
Specific valorem
B.
ad valorem
C.
Progressive structure
D.
Proportional structure
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ANSWER :
B. ad valorem
16.
Which tax among the following is levied and collected by Central government?
A.
Income tax
B.
Customs duty
C.
Excise duty
D.
All the above
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ANSWER :
D. All the above
17.

Which tax among the following is levied and collected by State government?

A.

Estate duty

B.

Sales Tax

C.

Land Revenue

D.

All of the Above

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ANSWER :

D. All of the Above

18.
The basis of sharing the rax revenue between the centres and the states are decided by the _____ commission.
A.
Finance
B.
Education
C.
Election
D.
Law
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ANSWER :
A. Finance