GATE (Graduate Aptitude Test in Engineering) Economics: Questions 898 - 901 of 1256

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Question 898

Appeared in Year: 2019 (UGC NET)

Question

MCQ▾

Who is the author of the book “Development as Freedom” ? (December)

Choices

Choice (4)Response

a.

Amartya Sen

b.

F. A. Von Hayek

c.

Paul A. Samuelson

d.

Gunnar Myrdal

Question 899

Appeared in Year: 2019 (UGC NET)

Question

Match List-Ⅰ List-Ⅱ▾

Match List I with List II and Choose the correct option from the options given below: (December)

List-Ⅰ (Column-I)List-Ⅱ (Column-II)
(A)

Treasury bills

(i)

Private companies

(B)

Repo rate

(ii)

Government

(C)

SDRs

(iii)

RBI

(D)

Commercial papers

(iv)

IMF

Choices

Choice (4)Response
  • (A)
  • (B)
  • (C)
  • (D)

a.

  • (iv)
  • (ii)
  • (i)
  • (iii)

b.

  • (i)
  • (iii)
  • (ii)
  • (iv)

c.

  • (ii)
  • (iii)
  • (iv)
  • (i)

d.

  • (i)
  • (iv)
  • (ii)
  • (iii)

Question 900

Tax & Non-Tax Revenue

Question

MCQ▾

The process of budget making after revaluating every item of expenditure in every financial year is known as

Choices

Choice (4)Response

a.

Zero base budgeting

b.

Fresh budgeting

c.

Performance budgeting

d.

Debit budgeting

Question 901

Progressive and Non-Progressive Taxation

Question

MCQ▾

Cohin Clark has argued that for most countries of the world, the safe upper limit of taxation is

Choices

Choice (4)Response

a.

30 percent of national income

b.

25 percent of national income

c.

20 percent of national income

d.

40 percent of national income

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