Which is the method of financial adjustment between Centre and States?
A) tax sharing
B) grant?in?aid
C) public debt
D) federal finance
Correct Answer:
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Q21: Fiscal policy is the policy of:
A)rbi
B)nabard
C)government
D)all the
Q22: The principle of judging fiscal measures by
Q23: When individuals with unequal tax paying ability
Q24: The following is an example of direct
Q25: If the rate of tax falls with
Q27: Who suggested an expenditure tax as an
Q28: Budget is an instrument of:
A)monetary policy
B)fiscal policy
C)trade
Q29: The concept of functional finance was developed
Q30: The modern state is:
A)laissez -faire state
B)welfare state
C)aristocratic
Q31: According to Musgrave the major functions of
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