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Public Revenue Free Doubts and Solutions

ICSE - X - Economics - Public Revenue

Discuss the relative merits and demerits of direct and indirect tax.  

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ICSE - X - Economics - Public Revenue

What are the differences between tax and subsidy? 

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ICSE - X - Economics - Public Revenue

Mention any two sources of non-tax revenue of the Central Government. 

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ICSE - X - Economics - Public Revenue

Mention any two important sources of tax revenue of the Central Government. 

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ICSE - X - Economics - Public Revenue

How does proportional tax differ from progressive tax?   

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ICSE - X - Economics - Public Revenue

Distinguish between direct and indirect tax. 

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ICSE - X - Economics - Public Revenue

Define a tax. Explain the following with examples: Regressive tax Proportional tax Degressive tax

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ICSE - X - Economics - Public Revenue

An indirect tax is not always equitable. Give two reasons to support your answer. 

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ICSE - X - Economics - Public Revenue

State two measures taken by the government to reduce income inequality in an economy. 

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ICSE - X - Economics - Public Revenue

Rate of taxation depends upon the income groups in a progressive tax structure. Give reason. 

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