Indian Economy
The annual yield from which of the following Union Government taxes is the highest?

Corporation tax and income tax
Inheritance tax, wealth tax, interest tax and gift tax
Custom duties
Excise duties

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Indian Economy
Gross domestic capital formation is defined as

expenditure incurred on physical assets only
net addition to stock after depreciation
production exceeding demand
flow of expenditure devoted to increased or maintaining of the capital stock

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Indian Economy
Deficit financing implies

public expenditure in excess of public revenue
public revenue in excess of public expenditure
printing new currency notes
none of the listed here

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