"When in doubt, observe and ask questions. When certain, observe at length and ask many more questions."
Created this thread as a one stop solution for all members so that all the doubts wherein any conceptual clarification is required can be solved here.
What is the ratio of direct-to-indirect tax in India? I read somewhere that direct taxes form about 50% of tax revenue.
But, which is higher - direct or indirect tax revenue?
https://www.indiabudget.gov.in/doc/Budget_at_Glance/bag5.pdfthe official budget statistics.
direct tax collection is higher than indirect tax
What is the ratio of direct-to-indirect tax in India? I read somewhere that direct taxes form about 50% of tax revenue.
But, which is higher - direct or indirect tax revenue?
https://www.indiabudget.gov.in/doc/Budget_at_Glance/bag5.pdfthe official budget statistics.
direct tax collection is higher than indirect tax
Do you also know Govt subsidy to GDP ratio and %age of govt expenditure in subsidies?
Also, how can I check such statistics? I am not able to find them in Budget documents.
Sir,
SFG 2.0 Test 27
Question 19
Statement 1: NNP is National Income of an economy.
You have mentioned only NNP and not NNP at factor cost.
As per NCERT CSO consider GDP at market price as GDP only.
So NNP in question means NNP at market price.
It should have mentioned clearly NNP at factor cost
Question 23
As per class 11 ncert number of poor in absolute terms has declined.
Question 36
Statement 4
Appointment of Advisory planning Board was first done by British Indian govt in 1944 then by interim govt in 1946
What is the ratio of direct-to-indirect tax in India? I read somewhere that direct taxes form about 50% of tax revenue.
But, which is higher - direct or indirect tax revenue?
https://www.indiabudget.gov.in/doc/Budget_at_Glance/bag5.pdfthe official budget statistics.
direct tax collection is higher than indirect tax
Do you also know Govt subsidy to GDP ratio and %age of govt expenditure in subsidies?
Also, how can I check such statistics? I am not able to find them in Budget documents.
Do we really need to read and remember such fact?
Economic survey is a rich repository of data and facts of the economy.
Do we really need to read and remember such fact?
Economic survey is a rich repository of data and facts of the economy.
A significant amount of money goes into subsidies. 70% of govt expenditure in agriculture and allied sector is in the form of subsidies. So, I thought that such data becomes automatically important 😅
Prelims 2019 Question
With reference to the legislative Assembly of a state in India, consider the following Statements:
- The Governor makes a customary address to Members of the house at the commencement of the first session of the year.
- When a State Legislature does not have a rule on the particular matter, it follows the lok Sabha rule on that matter.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Official answer given is 'c'. Somebody please confirm the source of option 2.
Prelims 2019 Question
With reference to the legislative Assembly of a state in India, consider the following Statements:
- The Governor makes a customary address to Members of the house at the commencement of the first session of the year.
- When a State Legislature does not have a rule on the particular matter, it follows the lok Sabha rule on that matter.
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
Official answer given is 'c'. Somebody please confirm the source of option 2.
Remember that this was a controversial question last time and the jury was out. The statement was verbatim from an article written by PDT Achary in the Indian Express.
RonWeasleysaid
Do farmers sell their produce to FCI or to APMC mandis?
It's confusing because in some source it's written that farmers sell their produce to FCI at MSP and in other sources, it's written that farmers sell to APMC mandis.
both
fci procures at msp but there is no guarantee that it will from all farmers
farmers can also sell to apmc mandis but if the buying cost at apmc mandis is less than msp,then fci has to procure from farmers(though practically it doesnt happen)
Do farmers sell their produce to FCI or to APMC mandis?
It's confusing because in some source it's written that farmers sell their produce to FCI at MSP and in other sources, it's written that farmers sell to APMC mandis.
Farmers can sell in APMC mandis only( all agri products). But some crops have MSP which will be procured by Govt. Those crops can be sold at mandis or to FCI, depending on the price. There is no compulsion on the farmer to sell to FCI.