a2zinterviews

17.	Which of the following is known as paper gold?
	A.  Euro
	B.  Dollar
	C.  Yen
	D.  SDR

Answer

Ans: D SDR

18.	Value added tax is
	A.  an ad valorem tax on domestic final consumption collected at all stages between production and the point of final scale
	B.  tax on final consumption collected at the consumption stage
	C.  an ad valorem tax on final consumption collected at the manufacturing level
	D.  a special tax levied by states on products from other states

Answer

Ans: A an ad valorem tax on domestic final consumption collected at all stages between production and the point of final scale

19.	Who among the following served as the Chief Economist of the International Monetary Fund?
	A.  Ashok Lahiri
	B.  Raghuram Rajan
	C.  Sumantra Ghoshal
	D.  Saumitra Chaudhuri

Answer

Ans: B Raghuram Rajan

20.	The difference between the GNP and NNP is equal to
	A.  capital depreciation
	B.  direct tax revenue
	C.  indirect tax revenue
	D.  none of the above

Answer

Ans: A capital depreciation