Tag: civics

Questions Related to civics

The school is our __________ outside our house.

civics public facilities public facilities and my school efforts of the government in social circle and its effects on people government in social sector

  1. World

  2. Building

  3. Hell

  4. Heaven

Show answer
Correct Option: A
Explanation:

A school is an institution designed to teach students under the direction of teachers. A school serves a number of purpose from educating and shaping a child's life to build confidence in him/her. School is considered as our second home. A school is our world outside our house.

Postal services, telephone, fire brigade are called ________.

civics public facilities public facilities and my school efforts of the government in social circle and its effects on people government in social sector

  1. Private facilities

  2. Public facilities

  3. Personal facilities

  4. None of these

Show answer
Correct Option: B
Explanation:

Following are the list of public facilities:

1. Government hospitals
2. Public banks
3. Telephone services
4. Postal services
5. Fire Brigade
6. Public schools
7. Parks
8. Public libraries
9. Daycare center

Among these which are the basic school facilities?

civics public facilities public facilities and my school efforts of the government in social circle and its effects on people government in social sector

  1. Girls and boys toilet

  2. Drinking water facility

  3. Midday Meal Scheme

  4. All of above

Show answer
Correct Option: D
Explanation:

There are various school facilities for students. It is very necessary for every child to go to school and take primary education. The basic facilities provided by school to children are Girls and Boys toilet, Drinking water and Midday Meal Scheme .

GDP at factor cost is equal to GDP at market price minus indirect taxes plus __________.

civics public expenditure and public revenue black money and tax evasion meaning of tax direct taxes

  1. depreciation

  2. direct taxes

  3. foreign investments

  4. subsidies

Show answer
Correct Option: D
Explanation:

$GDP _{fc} = GDP _{mp} - Indirect\ taxes + Subsidies$.
This is because market prices is reached by adding indirect taxes to the cost of production, i.e., factors of production, and deduction of subsidies provided, if any.

Net national product at market price minus net indirect taxes is equal to _______.

civics public expenditure and public revenue black money and tax evasion meaning of tax direct taxes

  1. net foreign investment

  2. net foreign investment plus net domestic investment

  3. net national product at factor cost

  4. replacement expenditure

Show answer
Correct Option: C
Explanation:

$NNP _{mp} - Net Indirect Taxes = NNP _{fc}$.
This is because the market price is the cost of production, i.e, factor cost, plus the taxes payable on the product.

Which one of the following has NOT been a part of the land reforms programme in India?

civics public expenditure and public revenue black money and tax evasion meaning of tax direct taxes

  1. Ceiling on holding

  2. Consolidation of holdings

  3. Agricultural holding tax

  4. Zamindari abolition

Show answer
Correct Option: C
Explanation:

Agricultural Holding Tax was a recommendation of the Raj Committee. The central government appointed the committee on taxation on agricultural wealth and income under the chairmanship of Dr. K.N. Raj in February 1972 to examine the question of taxation of agricultural wealth and income from all aspects. The Raj committee submitted its report in October 1972.

In NNP figure is available at market prices we will__indirect taxes and
_subsidies to the figure to get National Income of the economy:

civics public expenditure and public revenue black money and tax evasion meaning of tax direct taxes

  1. Add, substract

  2. Add, divide

  3. Substract, add

  4. Substract, divide

Show answer
Correct Option: C
Explanation:
National Income at Factor Cost (NIFC):
• It is the sum of all factors of income earned by the residents of a country (Indian) both from within the country as well as abroad.
• National Income at Factor Cost = NNP at Market Price – Indirect Taxes + Subsidies
 In India, and many developing countries across the world, National Income is measured at factor cost instead of market prices. Some of the reasons for the same are lack of uniformity in taxes, goods not being printed with their prices, etc.

Custom duty is a:

civics public expenditure and public revenue black money and tax evasion meaning of tax direct taxes

  1. Direct tax

  2. Indirect tax

  3. Cooperation tax

  4. Value added tax

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Correct Option: B
Explanation:

Custom Duty is a indirect tax for goods when import or export. The tax is collected by Central Board of Indirect Taxes and Customs.

Excise duty is a:

civics public expenditure and public revenue black money and tax evasion meaning of tax direct taxes

  1. Direct tax

  2. Indirect tax

  3. Cooperation tax

  4. Value added tax

Show answer
Correct Option: B
Explanation:

An indirect tax is a tax which is imposed on one person and is paid partly or wholly by another party. This means that the effect or incidence of an indirect tax is not upon the party who pays the tax but on someone else. examples of indirect taxes are value added tax, excise duty, service tax. An excise duty is a type of indirect tax that is levied on the sales of particular goods. This tax is not paid directly by the customer but is passed on to the consumer by a merchant or producer of goods as a part of the price of the product.

Sources of public revenues are:

civics public expenditure and public revenue black money and tax evasion meaning of tax direct taxes

  1. Tax revenues

  2. Non Tax remains

  3. Both Tax and Non-tax revenue

  4. None of the above

Show answer
Correct Option: C
Explanation:

A fund raised through the various taxes is referred to as tax revenue. The sources of public revenue consists of both Tax and Non-tax revenue.