Question : Which of the following is an example of an appropriation in a government budget?
Option 1: Income tax revenue
Option 2: Sales tax revenue
Option 3: Military spending
Option 4: Social security benefits
Correct Answer: Military spending
Solution : The correct answer is (c) Military spending
Military spending is an example of an appropriation because it represents a specific allocation of funds for defense and military-related purposes. It includes the budgetary provisions for maintaining armed forces, acquiring weapons and equipment, supporting military operations, and other defense-related activities.
Question : Which of the following sets belongs to central tax?
Question : Tax on inheritance is called
Question : Which of the following is an example of a marketing objective?
Question : Opening Inventory Rs.29,000; Closing Inventory Rs.31,000; Revenue from Operations (Sales) Rs.3,20,000; Gross Profit Ratio 25% on Revenue from Operations.
Inventory Turnover Ratio will be
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