General Knowledge Questions And Answers :: Economics: part2



General Knowledge : Economics QUESTIONS AND ANSWERS :: part2 : 61 to 65

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

61.The minimum effect of Direct Taxes is on

Food price
Consumer goods
Capital goods
Income

62.Companies pay Coporation Tax on their

investment
production
sales proceeds
incomes

63.Which of the following taxes is not levied by any Stage Government ?

Excise Duty
Professional Tax
Income Tax
None of these

64.According to Mahatma Gandhi economic philosophy, complete happiness can be achieved by

destroying machines
providing maximum employment opportunities
implanting cottage inudustries
None of these

65.If income is below equilibrium

investment will tend to fall
prices will tend to fall
income will tend to rise
stocks of unsold goods will tend to increase

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