Productive debts are utilized for ........
A) transfer payments in form of subsidies
B) they are raised for financing wars
C) they add to productive capacity of the economy
D) special incentives to weaker sections
Correct Answer:
Verified
Q15: Which of the following is not an
Q16: Generally, the nature of indirect tax is
Q17: Direct tax are………….. in nature.
A)progressive
B)equitable
C)regressive
D)none of the
Q18: The term incidence of taxation refers to
Q19: Debts which have to be paid at
Q20: Which is / are the advantages of
Q21: Pick out the item which is not
Q22: The term fiscal federalism was introduced by
A)dalton
B)seligman
Q23: The theory of fiscal federalism assumes -
A)a
Q24: An empirical law to the effect of
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