In India which of the following taxes is levied by the State governments?
Excise duty on liquor
Capital gains tax
Customs tax
Customs tax
The major objective of monetary policy is to
increase government's tax revenue
revamp the Public Distribution System
promote economic growth with price stability
promote economic growth with price stability
Which is the most important factor that determines whether advertising by manufacturing sector will lead to higher sales?
Demand is elastic
Demand is inelastic
The product can be differentiated
The product can be differentiated
Commercial banks lend to which of the following Priority sectors?
Heavy Industries
Agriculture, Small scale industries
Foreign Companies
Foreign Companies
What is the accounting year of the Reserve Bank of India?
April - March
July-June
October-September
October-September
What will you call a system of taxation under which the poorer sections are taxed at higher rates than the richer sections?
Progressive tax
Proportional tax
Regressive tax
Regressive tax
The most important function of an interest group is to
form the government
alter government policies to its liking
build up public opinion
build up public opinion
India's population growth is characterized by
An increase in rate of death
An increase in the ratio of females
An increase in the birth rate and declining death rate
An increase in the birth rate and declining death rate