Tag: main feature of tax

Questions Related to main feature of tax

Which of the following is most likely to cause an increase in the size of the national debt?

  1. An increase in taxation

  2. A rise in long-term government borrowings

  3. An increase in national income

  4. A reduction in government expenditure.


Correct Option: B

Which of the following contributes most to India's external debt?

  1. IMF loans

  2. External commercial borrowings

  3. External assistance

  4. None of the above


Correct Option: C

Quantum of concessional debts in total external debt of India has ___________.

  1. increased

  2. decreased

  3. doubled

  4. remain same.


Correct Option: B

India receives about _______% of the external assistance in the form of loans. 

  1. 10%

  2. 30%

  3. 60%

  4. 90%


Correct Option: D

The word 'public debt' was not well known to the people till the late _______ century.

  1. 16th

  2. 17th

  3. 18th

  4. 19th


Correct Option: C