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Q. Public debt is the debt owed by ................

Q. The system of assigning the source of revenue to the Central as well as State Governments is generally referred to as

Q. An empirical law to the effect of growing public expenditure was propounded by

Q. According to Peackock Wiseman hypothesis, A discontinuity in the growth pattern which produces expenditure peak during social disturbances is referred to as:

Q. Cooperative federalism is characterized by

Q. The theory of second best was introduced by ...............

Q. Federalism refers to a

Q. Wagner’s Law of increasing ............ activities.

Q. Which of the following is not an indirect tax?

Q. The economic incidence of a unit tax is