GATE (Graduate Aptitude Test in Engineering) Economics: Questions 369 - 372 of 1256

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Question 369

Tax Reforms-Goods and Services Tax

Appeared in Year: 2016 (UGC NET)

Question

MCQ▾

If with the increase in income, the percentage of income collected as tax remains constant, tax will be called (Paper II)

Choices

Choice (4)Response

a.

progressive

b.

neutral

c.

regressive

d.

proportional

Question 370

Poverty and Inequalities -Concepts and Measurement Issues

Appeared in Year: 2016 (UGC NET)

Question

Match List-Ⅰ List-Ⅱ▾

Match List – I with List – II and give the correct answer from the codes given below: (Paper III)

List-Ⅰ (Event)List-Ⅱ (Date)
(A)

World Population Day

(i)

3rd March

(B)

World Water Day

(ii)

22nd March

(C)

World Wildlife Day

(iii)

5th June

(D)

World Environment Day

(iv)

11th July

Choices

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

a.

  • (iv)
  • (ii)
  • (i)
  • (iii)

b.

  • (ii)
  • (iv)
  • (iii)
  • (i)

c.

  • (i)
  • (ii)
  • (iii)
  • (iv)

d.

  • (iii)
  • (ii)
  • (i)
  • (iv)

Question 371

Demand and Supply of Money

Appeared in Year: 2015 (UGC NET)

Question

MCQ▾

According to Keynes, the marginal efficiency of capital is explained: (June)

Choices

Choice (4)Response

a.

Rate of return on real investment

b.

Rate of return on financial asset

c.

Profit from financial investment

d.

Profit from real investment

Question 372

Tax Reforms-Goods and Services Tax

Appeared in Year: 2015 (UGC NET)

Question

Matching-Pair▾

Find the pair which does not match:

Choices

Choice (4)Response

a.

Similarly placed persons should be taxed similarly

Horizontal equity

b.

Interest payments are deducted from fiscal deficit

Primary deficit

c.

Goods which are divisible and principle of exclusion

Pure private goods

d.

Tax on goods and services is levied according to items՚ value

State excise duties

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