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Fiscal Economics — Economics STD 12 — Question

Tamilnadu BoardEnglish MediumSTD 12EconomicsFiscal Economics1 Mark
MCQ
Which of the following is correctly matched.
  • A
    Stamp duties – Tax of the Central Government
  • ✓
    Interest on debts – Revenue expenditure
  • C
    Land tax collected – Direct tax
  • D
    Income tax – Expenditure
✓

Answer

Correct option: B.
Interest on debts – Revenue expenditure
Interest on debts – Revenue expenditure

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