Gk Questions with AnswersIndian Fiscal System Gk Questions and Answers
| 5. | Temporary tax levied to obtain additional revenue is called | ||
|---|---|---|---|
| A. Rate | |||
| B. Cess | |||
| C. Fee | |||
| D. Surcharge | |||
| Answer | ||
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| 6. | Fiscal Policy of India is formulated by | ||
|---|---|---|---|
| A. the Finance Ministry | |||
| B. the Reserve Bank of India | |||
| C. the Securities and Exchange Board of India | |||
| D. the Planning Commission | |||
| Answer | ||
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| 7. | Fiscal Policy in India is formulated by | ||
|---|---|---|---|
| A. the Reserve Bank of India | |||
| B. the Planning Commission | |||
| C. the Finance Ministry | |||
| D. the Securities and Exchange Board of India | |||
| Answer | ||
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| 8. | Fresh evaluation of every item of expenditure from the very beginning of each financial year is called | ||
|---|---|---|---|
| A. Zero based budgeting | |||
| B. Deficit budgeting | |||
| C. Performance budgeting | |||
| D. Fresh budgeting | |||
| Answer | ||
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