General Knowledge Questions And Answers :: Economics: part1



General Knowledge : Economics QUESTIONS AND ANSWERS :: part1 : 61 to 65

Following General Knowledge Multiple choice objective type questions and answers will help you in TRB, SSC and UPSC 2024 examinations :

61.Fresh evaluation of every intem of expenditure from the very beginning of each financial year is called
Fresh Budgeting
Deficit Budgeting
Performance Budgeting
Zero - based Budgeting

62.As per the 1999 - 2000 Budget estimates which tax was estimated to yield the maximum revenue ?
Corporate Tax
Customs Duty
Excise Duty
Income Tax

63.The modern is not characterised by
capital intensive mode of production
development of money economy
production for market
self - sufficient village system

64.Income that is saved and not invested is known as
capital
hoarding
deposit
None of these

65.A socialist state is the one in which there is
only private ownership of the factors of production
monopoly ownership only
only state and collective ownership of means of production
only joint ownership of the means of production

More Economics QUESTIONS AND ANSWERS available in next pages

    Health is the greatest gift, contentment is the greatest wealth -Buddha
The only place where success comes before work is in the dictionary.- Vidal Sassoon

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