Give two examples of indirect taxes.  from Class 12 CBSE Previ

Subject

Economics

Class

CBSE Class 12

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Sample Papers

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 Multiple Choice QuestionsShort Answer Type

21.

Explain the relationship between income of the buyers and demand for a good.

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22.

How can increase in foreign direct investment affect the price of foreign exchange? 

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23.

What are demand deposits? 

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24.

Give one example of “externality” which reduces welfare of the people. 

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25.

Give two examples of indirect taxes. 


Two examples of indirect taxes are
a) Sales tax and
b) Excise duty.

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26.

What is a Government Budget? 

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27.

Explain the problem of double coincidence of wants faced under barter system. How has money solved it? 

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28.

Distinguish between revenue expenditure and capital expenditure in Government budget. Give an example of each. 

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29.

Distinguish between revenue deficit and fiscal deficit.

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30.

Explain any one objective of Government Budget. 

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