the most important sources of plan finance to cover up gap between intended expenditure & available resource is in
a).direct taxes
b).indirect taxes
c).deficit financing
d).foreign aid
increasing returns to scale can be explained in terms of
a). external & internal economies
b). external & internal diseconomics
c). external economies & internal diseconomies
d). all
lac curve falls as output expands,this is due to
a).law of diminishing retains
b). economics of scale
c). law of variable proportion
d) diseconomics of scale
highest tax revenue is earned by
a). excise duty
b).vat
c).cenvat
d).income tax
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