[Solved] After the initiation of economic reforms in 1991-92 the percentage share of: [CDS 1999]

Q.	After the initiation of economic reforms in 1991-92 the percentage share of: [CDS 1999]
A.	direct taxes increased and that of indirect taxes decreased in gross tax revenue
B.	Both direct and indirect taxes increased in gross tax revenue
C.	both direct and indirect taxes decreased in gross tax revenue
D.	direct taxes decreased and that of indirect taxes increased in gross tax revenue
Answer» B. Both direct and indirect taxes increased in gross tax revenue

1.4k

Do you find this helpful?

View all MCQs in

Indian Economy

Discussion

No comments yet

Related MCQs

After 1991, the Central Government implemented various far-reaching reforms in the area of taxation. This was based on the recommendations of the: [CDS 1999]
A steady increase in the general level of prices as a result of excessive increase in aggregate demand as compared to aggregate supply is termed as : [CDS 1999]
Consider the following events: 1. Conversion of Imperial Bank of India into S.B.I. 2. Establishment of NABARD 3. Setting up of RRBs 4. Nationalisation of R.B.I. The correct chronological sequence of these events is : [CDS 1999]
Fiscal deficit in the budget means: [CDS 1999]
Development is : [CDS 1999]
The 11th Five Year Plan strategy to raise agricultural output envisages which of the following? 1. Greater attention to land reforms. 2. Double the rate of growth of irrigated area. 3. Promote animal husbandry and fishery. 4. Interest free credit to the farmers. Select the correct answer [CDS 2008]
With reference to Indian economy, consider the following statements: 1. The Gross Domestic Product (GDP) has increased by four times in the last 10 years. 2. The percentage share of Public Sector in GDP has declined in the last 10 years. Which of the statements given above is/are correct? [IAS 2010]
In which one of the following activities percentage share of cooperative sector is the highest? [Corporation Bank PO 2011]
When the productive capacity of the economic system of a State is inadequate to create sufficient number of jobs, it is called [CDS 2012]
Consider the following statements about Wholesale Price Index (WPI) : 1. It captures the price movement extensively and is, therefore, taken as an indicator of inflation. 2. The office of the Economic adviser (OEA) is entrusted with the function of compilation and publication of the weekly wholesale price index number in India. Which of the statements given above is/are correct? [CDS 2009]