Economics QUESTIONS AND ANSWERS

General Knowledge : Economics QUESTIONS AND ANSWERS :: part2 : 81 to 85

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

81.Companies pay Corporation Tax on their

Production

Sales proceeds

Income

Investment

82.Which is the least achieved objective of India Five Year Plans ?

Reduction in disparities of wealth and income

Progress in basic & key industries

Education for all

Removal of mass poverty

83.Which of the following taxes was scrapped by the Union Budget of 1993 ?

Corporation tax

Customs duty on petrochemicals

Wealth tax on production assets

Excise duty on non - ferrous material

84.National incomes is the same as

Net Domestic Product at market price

Net Domestic Product at cost factor

Net National Product at market price

Net National Product at factor cost

85.A crossed cheque is one, which can be encashed only

by the drawee

through a bank

at the State Bank of India

after it has been trasferred to another person

More Economics QUESTIONS AND ANSWERS available in next pages

Health is the greatest gift, contentment is the greatest wealth -Buddha

Opportunity is missed by most people because it is dressed in overalls and looks like work.- Thomas Edison

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