I.Com part 2 Principles of Economics Chapter 4 Short Question Preparation

12th Class Principles of Economics
Chapter 4

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12th Class Principles of Economics Chapter Wise Preparation

Online Short Questions For Chapter 4 "ICom Part 2 Principles of Economics Chapter 4 Short Questions Preparation "

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Economics - ICom Part 2 Principles of Economics Chapter 4 Short Questions Preparation

Question # 1

What is Revenue Budget.

  • Ans 1: The revenue budget is a budget in which revenue collected from different kinds of taxes is shown.
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Prepare Complete Set Wise Questions For Chapter 4 "ICom Part 2 Principles of Economics Chapter 4 Short Questions Preparation "

ICom Part 2 Principles of Economics Chapter 4 Short Questions Preparation - Set 1

Question # 1

What is Revenue Budget.

  • Ans 1: The revenue budget is a budget in which revenue collected from different kinds of taxes is shown.
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ICom Part 2 Principles of Economics Chapter 4 Short Questions Preparation - Set 2

Question # 1

What is difference between impact and incidence of tax.

  • Ans 1: Impact of tax means imposting of tax on a person by the government and collecting from him, While incidence of tax menas the burdenof tax. Because it is not ncessary that if a tax is imposed on some person, the burden of tax will also fall on him.
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ICom Part 2 Principles of Economics Chapter 4 Short Questions Preparation - Set 3

Question # 1

Write four difference between public finance and private finance.

  • Ans 1: 1- Difference in Adjustment of income and expenditure.
  • Ans 2: 2- Difference in budget period.
  • Ans 3: 3- Private budget is kept secret while public budget is announced.
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12th Principles of Economics Chapter 4 Preparation