Economy

What is the correct description of Estimates Committee?

A a parliamentary committee examining budget estimates and economy/efficiency in expenditure
B A trade regulator
C A judicial body
D A monetary authority

Which of the following is most closely associated with Estimates Committee?

A A monetary authority
B A judicial body
C a parliamentary committee examining budget estimates and economy/efficiency in expenditure
D A trade regulator

In Indian economic terminology, Estimates Committee refers to:

A A trade regulator
B A judicial body
C A monetary authority
D a parliamentary committee examining budget estimates and economy/efficiency in expenditure

Which statement about Estimates Committee is correct?

A A monetary authority
B A trade regulator
C a parliamentary committee examining budget estimates and economy/efficiency in expenditure
D A judicial body

What is the correct description of Finance Commission?

A A securities regulator
B A bank regulator
C A trade body
D a constitutional body recommending distribution of certain financial resources between Union and states

Which of the following is most closely associated with Finance Commission?

A a constitutional body recommending distribution of certain financial resources between Union and states
B A securities regulator
C A trade body
D A bank regulator

In Indian economic terminology, Finance Commission refers to:

A A trade body
B A bank regulator
C a constitutional body recommending distribution of certain financial resources between Union and states
D A securities regulator

Which statement about Finance Commission is correct?

A a constitutional body recommending distribution of certain financial resources between Union and states
B A bank regulator
C A trade body
D A securities regulator

What is the correct description of Vertical devolution?

A distribution of resources between the Union and states
B Distribution among states
C Bank lending
D Distribution among households

Which of the following is most closely associated with Vertical devolution?

A Distribution among households
B distribution of resources between the Union and states
C Bank lending
D Distribution among states

In Indian economic terminology, Vertical devolution refers to:

A Distribution among states
B Bank lending
C Distribution among households
D distribution of resources between the Union and states

Which statement about Vertical devolution is correct?

A Distribution among states
B Bank lending
C distribution of resources between the Union and states
D Distribution among households

What is the correct description of Horizontal devolution?

A Household taxation
B distribution of shared resources among states
C Union-state sharing
D Bank capital

Which of the following is most closely associated with Horizontal devolution?

A Union-state sharing
B Household taxation
C distribution of shared resources among states
D Bank capital

In Indian economic terminology, Horizontal devolution refers to:

A distribution of shared resources among states
B Household taxation
C Union-state sharing
D Bank capital

Which statement about Horizontal devolution is correct?

A Union-state sharing
B Household taxation
C distribution of shared resources among states
D Bank capital

What is the correct description of Fiscal federalism?

A Only banking
B allocation of fiscal powers and resources among levels of government
C Only monetary policy
D Only foreign trade

Which of the following is most closely associated with Fiscal federalism?

A Only foreign trade
B allocation of fiscal powers and resources among levels of government
C Only banking
D Only monetary policy

In Indian economic terminology, Fiscal federalism refers to:

A allocation of fiscal powers and resources among levels of government
B Only banking
C Only monetary policy
D Only foreign trade

Which statement about Fiscal federalism is correct?

A Only monetary policy
B Only foreign trade
C Only banking
D allocation of fiscal powers and resources among levels of government

What is the correct description of Tax expenditure?

A Borrowing
B Capital expenditure
C Government salary
D revenue forgone through exemptions, deductions or concessions

Which of the following is most closely associated with Tax expenditure?

A Government salary
B Borrowing
C revenue forgone through exemptions, deductions or concessions
D Capital expenditure

In Indian economic terminology, Tax expenditure refers to:

A revenue forgone through exemptions, deductions or concessions
B Capital expenditure
C Borrowing
D Government salary

Which statement about Tax expenditure is correct?

A Government salary
B Borrowing
C Capital expenditure
D revenue forgone through exemptions, deductions or concessions

What is the correct description of Surcharge?

A A loan
B A subsidy
C A tax refund
D an additional charge levied on a tax liability under law