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Indian Economy

Indian Economy
Income tax in India was introduced by:

Nicholas Kaldor
James Wilson
Mahavir Tyagi
William Jones

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Indian Economy
India’s share in textiles trade of the world is:

0.1
0.04
0.08
0.06

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Indian Economy
Reserve Bank of India was nationalized in the year

1945
1947
1949
1935

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Indian Economy
How many banks were nationalized in 1969?

17
15
16
14

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Indian Economy
Excise duty is a tax levied on the

production of goods
import of goods
export of goods
sale of goods

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Indian Economy
On which one of the following is the benefits received principle of taxation to achieve optimality bases?

Average benefit received
Marginal benefit received
Ability to pay for the benefit
Total benefit received

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