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Economics - Questions and Answers

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761. Which of the following is an indirect tax ?
A. Corporation Tax
B. Excise Duty
C. Wealth Duty
D. Capital Gains Tax
Explanation:
762. The term National Income represnts
A. Gorss National Product at market prices minus dpreciation
B. Gross National Product at market prices minus depreciation plus net factor income from abroad
C. Gross National Product at market prices minus depreciation and indirect taxes plus subsidies
D. Gross National Product at market prices minus net factor income from abroad
Explanation:
763. Which state has the maximum number of people living below the pverty line ?
A. Bihar
B. Madhya Pradesh
C. Maharashtra
D. Uttar Pradesh
Explanation:
764. India adopted the Five Year Plans from
A. France
B. Former USSR
C. America
D. England
Explanation:
765. Which of the following is the most important objective of Indian planning ?
A. Reducing price instability
B. Increasing capital fromation
C. Reducing inequality of income and wealth
D. Increasing per capita income
Explanation: