ICOM Part 1 Principles of Economics English Medium Chapter 15 Short Questions Preparation


11th Class Principles of Economics
Chapter 15

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11th Class Principles of Economics Chapter Wise Preparation

Online Short Questions For Chapter 15 "ICOM Part 1 Economics English Medium Chapter 15 Short Questions Preparation "

Try The Short Questions For ICOM Part 1 Economics English Medium Chapter 15 Short Questions Preparation

  • Total Questions10

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Principles of Economics ( English Medium) - ICOM Part 1 Economics English Medium Chapter 15 Short Questions Preparation

Question # 1

Define indirect tax.

  • Ans 1: Indirect taxes are those kinds of taxes, which are imposed indirectly on goods and services. The burden of these taxes can be shifted to others for example Sales tax, custom duty, excise duty etc.
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Prepare Complete Set Wise Questions For Chapter 15 "ICOM Part 1 Economics English Medium Chapter 15 Short Questions Preparation "

ICOM Part 1 Economics English Medium Chapter 15 Short Questions Preparation - Set 1

Question # 1

Define indirect tax.

  • Ans 1: Indirect taxes are those kinds of taxes, which are imposed indirectly on goods and services. The burden of these taxes can be shifted to others for example Sales tax, custom duty, excise duty etc.
Submit

ICOM Part 1 Economics English Medium Chapter 15 Short Questions Preparation - Set 2

Question # 1

What is surplus budget ?

  • Ans 1: When government income is higher than expenditures, it s known as surplus budget.
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11th Class Principles of Economics Chapter 15 Preparation

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