The compulsory transfer of money from private individuals, institutions or groups to the government is called:

Related MCQs

• The sale of government owned equity in nationalized industries or other commercial enterprises to private investors is called:
• The accumulation of idle money balances or inactive money is called:
• An economy when private and government enterprises both operates, is:
• The borrowing of a sum of money by one person, company, government or other organization from another is called:
• "Bad money will drive out good money from circulation." This is known as :
• If he Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should -
• For hannelizing the unaccounted money for productive purposes the Government Introduced the scheme of :
• The market economy in which both private and public enterprises participate in economic activity is called:
• A bank loan made without collateral security to a private customer for specific purposes is called:
• The branch of economics concerned with providing funds to individuals, business and governments is called: