ECONOMICS ONE LINER SET 08

ECONOMICS ONE LINER SET 08

1. Chanda Kochhar leads to which of the organisation? ICICI Bank
 
2. In which year was Tax collection of Central govt. lowest as compare to G.D.P.? 1999-2000
 
3. In India, in which year was the service tax first introduced? 1994
 
4. What is the document published by the government to apprise the public on any issue?
White Paper
 
5. Of which allocation does Gadgil Formula refer to? Tax proceeds between
the States
 
6. For international payments, to which currency is the Indian currency linked? American Dollar
 
7. Which tax is not levied by the Union Government? Profession Tax
 
8. What is the principal source of revenue to the State Government in India? Sales Tax
 
9. By whom was the first attempt to initiate economic planning in India made? By M. Visvesvaraya
 
10. What was the decentralisation system recommended? Balwant Rai Mehta