St. Britto Hr. Sec. School - Madurai
12th Economics Monthly Test - 1 ( Fiscal Economics )-Aug 2020
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Write a note on 14th and 15th Finance commissions of India.
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Write a short note on zero based budget.
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What is Surplus budget?
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What is meant by public revenue in narrow sense?
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Write, any two sources of revenue of municipalities.
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What happens to the deficit, when government spending is increased?
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What is meant by redemption of public debt?
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What are the classification of public revenue?
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Write the meaning of Tax in the words of Dalton
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What are the parts of Government Accounts in India?
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List the main principles of federal system of finance
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Explain the balanced and unbalanced Bidget
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Present the flow chart depicting the process in the preparation of the budget
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Write any six principles of Federal Finance.
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Discuss the division of power in federal finance.
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Draw the diagram from the functions of modern state.
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Mention the Sources of revenue of municipalities.
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Compare the nature of Sales Tax, VAT and GST.
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Describe Canons of Taxation.
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What is primary deficit?
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What do you mean by Government subsidies?
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Explain the methods of debt redemption.
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What are the taxes levied and collected by the union but assigned to the states?
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Write a note on Indian Finance Commission.
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State and explain instruments of fiscal policy.
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Explain the principles of Federal Finance.
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List the Revenue of State Sources