Previous year MCQs

Economy UPPSC 2010 GS-I
Question

Who had suggested an imposition of "expenditure tax" in India for the first time?

Answer & Solution

Answer: (Detailed Solution Below)

Option B: Kaldor

Detailed Solution:

The correct answer is “Kaldor”.
Nicholas Kaldor, who conducted a survey for the Indian Ministry of Finance in 1956, was the first to suggest an expenditure tax in India.

Similar Questions:

As per Census 2011 2001, the class I cities of India claim a share of the total urban population of
  1. A) 40.40%
  2. B) 56.50%
  3. C) 62.32%
  4. D) 70.20%
The slogan of "poverty eradication" was given in the five year plan of:
  1. A) Second five year plan
  2. B) Fourth five year plan
  3. C) Fifth five year plan
  4. D) Sixth five year plan
The most appropriate measure of a country’s economic growth is its:
  1. A) Gross Domestic Product (GDP)
  2. B) Net Domestic Product (NDP)
  3. C) Net National Product (NNP)
  4. D) Per Capital Product (PCP)
In which year the Government of India included ten new tribes of Uttar Pradesh as Scheduled Tribes?
  1. A) 2004
  2. B) 2003
  3. C) 2002
  4. D) 2001
Which megacity of India generates the largest solid waste per capital annually?
  1. A) Bangalore
  2. B) Chennai
  3. C) Delhi
  4. D) Mumbai
Match the peasants revolts of the 19th century with their respective areas:

A) Kuki revolt - 1. Punjab
B) Kuka revolt - 2. Bengal
C) Pabna Peasant revolt - 3. Bihar
D) Birsa Munda revolt - 4. Tripura

Choose your answer with the help of given code:
Codes:

A B C D
  1. A) 4 2 1 3
  2. B) 2 3 1 4
  3. C) 4 1 3 2
  4. D) 4 1 2 3
Inside trading is related to-
  1. A) Share market
  2. B) Horse racing
  3. C) Taxation
  4. D) International trade
Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R).

Assertion (A): The labour force participation rate failing sharply in the recent years for females in India.
Reason (R): The decline in labour force participation rate is due to the improved family income and increase in education.

Select the correct answer from codes given below:
Codes:
  1. A) Both (A) and (R) are true and (R) is the correct explanation of (A)
  2. B) Both (A) and (R) are true and (R) is not the correct explanation of (A)
  3. C) (A) is true, but (R) is false
  4. D) (A) is false, but (R) is true
Which of the following Institution/office bring out the Wholesale Price (WPI) data in India?
  1. A) The Reserve Bank of India
  2. B) The Ministry of Commerce and Industry
  3. C) The Ministry of Finance
  4. D) The Ministry of Consumer Affairs, Food and Public Distribution
Assertion (A): The rate of inflation in India has come down in the last three years.
Reason (R): The country has received a large among of foreign capital during these years.

Select the correct answer from the codes given below:
Codes:
  1. A) Both A and R are true and R is the correct explanation of A
  2. B) Both A and R are true, but R is NOT the correct explanation of A
  3. C) A is true but R is false
  4. D) A is false but R is true
With one of the following is correctly matched?
  1. A) Khuldabad - Tomb of Shaikh Salim Chisti
  2. B) Fatehpur Sikri - Tomb of Itimad-ud-Daula
  3. C) Agra - Tomb of Aurangzeb
  4. D) Delhi - Tomb of Abdur-Rahim Khan-i-khanan
Main function of Finance commission is
  1. A) The distribution between the union and the states of the net proceeds of taxes which are to be, or may be, divided between them
  2. B) Financial control over states
  3. C) Financial control over centre
  4. D) None of these