Multiple Choice
In which of the following type of economy, the revenue from taxation is likely to be the least?
A) free market economy
B) keynesian economy
C) mixed economy
D) socialist economy
Correct Answer:

Verified
Correct Answer:
Verified
Q12: When expenditure exceeds total tax revenue, it
Q13: The diffusion theory was associated with the
Q14: In which year GST was first introduced<br>A)1952<br>B)1953<br>C)1954<br>D)1955
Q15: In India GST was introduced in the
Q16: Escheat is an example of<br>A)direct tax<br>B)indirect tax<br>C)both
Q17: Fiscal Federalism refers to<br>A)sharing of political power
Q18: The principle of public expenditure that requires
Q19: The most accepted theory of taxation in
Q20: Gift tax was introduced in the year<br>A)1958<br>B)1959<br>C)1960<br>D)1961
Q21: The theory of fiscal policy derives from<br>A)principle