Question : Which one of the following is a direct tax?

Option 1: Sales tax

Option 2: Excise Duty

Option 3: Wealth tax

Option 4: Entertainment tax

Question : ______ is the market value of all final goods and services produced within a domestic territory of a country measured in a year.

Option 1: Gross margin

Option 2: Gross Domestic Product (GDP)

Option 3: Net National Product (NNP)

Option 4: Gross National Product (GNP)

Question : The economic progress of a country is determined by:

Option 1: an increase in the per capita income of the people of the country.

Option 2: increase in the price of produced capital goods during the year.

Option 3: increased numbers of trade Unions.

Option 4: fall in the general price level of a country.

Question : Goods which are of durable character which are used in the production process are called_______.

Option 1: capital goods

Option 2: veblen goods

Option 3: consumption goods

Option 4: complementary goods

Question : Concerning sports, WADA stands for_____.

Option 1: World Anti-Doping Association

Option 2: World Anti-Doping Agency

Option 3: Wrestling Anti-Doping Association

Option 4: World Autonomous-Doping Agency