Which type of income is earned only the actor of production enterprise ?

Related Mcqs:

1. The World Bank’s GNP per capita classification for low income middle income and high income countries respectively is ?

   A. less than $900, $900-$9000 and more than $9000
   B. less than $5000, $5000-$15000 and more than $15000
   C. less than $100, $100-$1000 and more than $1000
   D. less than $5000, $5000-$150000 and more than $150000

2. A tax for which high income taxpayers pay a smaller fraction of their income than do low income taxpayers is known as ?

   A. a proportional tax
   B. a regressive tax
   C. an equitable tax
   D. a progressive tax

3. If the income tax rate changes from 30% to 40% on income over Rs30,000 and a person’s income is Rs 31,000 then her marginal tax rate is ?

   A. 30%
   B. 10%
   C. 70%
   D. 40%

4. Term the enterprise or organization which is managed by those who use its facilities or services ?

   A. Limited company
   B. Society
   C. Corporation
   D. Cooperative

5. Which economics doctrine opposes government regulation or interference in commerce beyond the minimum necessary for a free enterprise system to operate according to its own economics laws and non-interference in affairs of others ?

   A. Free market economy
   B. Laissez faire also Laisser faire
   C. Open market economy
   D. Liberal market economy

6. A share or an interest in an enterprise, especially a financial share, is called ?

   A. Share holding
   B. Stake
   C. Partnership
   D. None of these

7. Government granted monetary assistance to a person or a group in support of an enterprise regarded as being in public interest. This is called subsidy. Point out the statement which is also a subsidy ?

   A. Financial assistance given by one person or government to another
   B. Financial assistance given to poor people
   C. Financial assistance given to aged people
   D. Financial assistance given to small companies

8. Shortly after 1979 World Bank introduced loans that emphasized reforms in trade, agriculture industry public enterprise financial energy education or other sectors and were know as ?

   A. Structural adjustment loans
   B. sectoral adjustment loans
   C. internal adjustment loans
   D. external leverage loans

9. Shortly after 1979 World Bank introduced loans that emphasized reforms in trade, agriculture industry public enterprise financial energy education or other sectors and were known as ?

   A. Structural adjustment loans
   B. sectoral adjustment loans
   C. internal adjustment loans
   D. external leverage loans

10. Gross National income is always more than Net National income because it includes ?

    A. Foreign income
    B. Capital consumption allowance
    C. Indirect taxes
    D. Direct taxes