(English Medium) ICSE Class 10 - CISCE Question Bank Solutions

The essential feature of a tax. 

______ is an example of commercial revenues.

______ are those taxes which are paid by the same person on whom they have been imposed. 

The government imposes tax ______.

Which of the following is an advantage of direct taxes?

Under ______ the rate of tax increases with rise in tax payer's income. 

Taxes in which the rate of tax remains the same, though the tax bases changes are called ______.

Fiscal policy means public expenditure and tax policy of the government.

Instruments of fiscal policy is:

Instrument of monetary policy is:

Match the following and select the correct option:

Monetary policy means regulation of money supply by the monetary authority.

Observe the relationship of the first pair of words and complete the second pair: 

Tax paid by person on whose it is imposed : Direct tax.

A tax is paid by some person and the final burden is born by some other person : ______.

The state can promote economic development by ______.

A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.

Identify the tax which is most likely to faster civic conciousness.

The following table indicates: 

The major objective of monetary policy is ______.

Which of these taxes is most likely to be progressive?

The tax whose rate remains unchanged irrespective of the income of the taxpayer is called as ______.