Public Finance & Taxation

A country’s fiscal deficit stands at ₹50,000 crores. It is receiving ₹10,000 crores through non-debt creating capital receipts. The country’s interest liabil...

Which of the following statements with regard to recommendations of the 15th Finance Commission of India are correct? I. It has recommended grants of ₹4,800 ...

Suppose the revenue expenditure is ₹80,000 crores and the revenue receipts of the Government are ₹60,000 crores. The Government budget also shows borrowings ...

Consider the following statements: Statement I: In India, income from allied agricultural activities like poultry farming and wool rearing in rural areas is ...

Consider the following statements: I. Capital receipts create a liability or cause a reduction in the assets of the Government. II. Borrowings and disinvestm...

With reference to the Government of India, consider the following information: | Organization      | Some of its Functions     | It Works Under      | |-----...

Consider the following statements: Statement-I: Interest income from the deposits in Infrastructure Investment Trusts (InvITs) distributed to their investors...

Consider the following: 1. Demographic performance 2. Forest and ecology 3. Governance reforms 4. Stable government 5. Tax and fiscal efforts For the horizon...

Consider the following statements : Statement-I : India accounts for 3.2% of global export of goods. Statement-II :Many local companies and some foreign comp...

With reference to the expenditure made by an organisation or a company, which of the following statements is/are correct ? 1. Acquiring new technology is cap...