Categorize the following items into Direct and Indirect Taxes.
Statement-Custom duty. 

Define indirect tax. Give two examples of indirect taxes.

If the revenue receipts are ₹ 1,000 crore and revenue expenditure is ₹ 1.200 crore. how much will be the revenue deficit?

Fiscal deficit equals: (Choose the correct alternative)

1. Interest payments.
2. Borrowings.
3. Interest payments less borrowing.
4. Borrowings less interest payments.

Is borrowing by the government a revenue receipt?

Categorize the following items into Revenue and Capital Expenditure.
Statement-Amount spent on construction of Bridges.

What is capital expenditure?

What is meant by primary deficit?

If you are the Finance Minister of India and want to set up the budget, then what type of budget would you like to set in case of excess demand?

Categorize the following items into Direct and Indirect Taxes.
Statement Corporate tax.