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  • Question
  • Which one of the following canons of taxation was not advocated by Adam Smith?


  • Options
  • A. Canon of equity
  • B. Canon of certainty
  • C. Canon of convenience
  • D. Canon of fiscal adequacy

  • Correct Answer
  • Canon of fiscal adequacy 

    Explanation

    Adam Smith propounded the following first four canons of taxation -(1)Canon of Equity. (2) Canon of Certainty: (3) Canon of Convenience or Ease (4) Canon of Economy.

  • Tags: Bank Exams

    Basic General Knowledge problems


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    • 1. Sub-prime crisis' is a term associated with which one of the following events?

    • Options
    • A. Economic recession
    • B. Political instability
    • C. Structural adjustment programmes
    • D. Growing social inequality
    • Discuss
    • 2. Which Indian social theorist had argued that the idea of a homogenized the 'cultural arrogance of post-enlightenment Europe'?

    • Options
    • A. Ashis Nandy
    • B. Partha Chatterjee
    • C. T.K.Oommen
    • D. Rajni Kothari
    • Discuss
    • 3. Which European traveller had observed,"A Hindu woman can go anywhere alone, even in the most crowded places, and she need never fear the impertinent looks and jokes of idle loungers"?

    • Options
    • A. Francois Bernier
    • B. Jean-Baptiste Tavernier
    • C. Thomas Roe
    • D. Abbe J.A. Dubois
    • Discuss
    • 4. Prahaar' is

    • Options
    • A. a battle tank
    • B. a surface-to-surface missile
    • C. an aircraft carrier
    • D. a submarine
    • Discuss
    • 5. The mobile app 'cVIGIL' is helpful in

    • Options
    • A. conducting free and fair e-tendering process in government offices
    • B. fighting against corruption in public services
    • C. removing garbage from the muncipal areas
    • D. reporting violation of model code of conduct in election bound States
    • Discuss
    • 6. Which Arab scientist could be given the credit of christening the mathematical discipline of algorithm?

    • Options
    • A. Al-Khwarizmi
    • B. Ibn al -Haytham
    • C. Ibn Rushd
    • D. Ibn Sina
    • Discuss
    • 7. Which one of the following issues was included in the Indo-US Nuclear Agreement of 2007?

    • Options
    • A. India has 'advance right to reprocess' US-origin safeguarded spent fuel.
    • B. India did not have the right to build a strategic fuel reserve with the help of the other supplier countries
    • C. India should not test a nuclear device
    • D. The US will impede with the growth of India's nuclear weapons programme.
    • Discuss
    • 8. Which of the following statements about Alladi Krishnaswami Ayyar, as a drafting member of the Constitution of India, are correct?1. He favoured the role of the Supreme Court in taking important decisions related to the interpretation of the Constitution of India.2. He felt that the Supreme Court had to draw the line between liberty and social control.3. He believed in the dominance of the executive over the judiciary.4. He favoured a dictatorial form of governance.Select the correct answer using the code given below.

    • Options
    • A. 1 and 2 only
    • B. 1, 2 and 3
    • C. 3 and 4
    • D. 1,2 and 4
    • Discuss
    • 9. The South China Sea Dispute involves which of the following countries?1. China2. Vietnam3. Malaysia4. IndonesiaSelect the correct answer using the code given below.

    • Options
    • A. 1 and 4
    • B. 1 and 2 only
    • C. 1, 2 and 3
    • D. 2, 3 and 4
    • Discuss
    • 10. The 'Kyoto Protocol' is an international treaty that commits State parties to reduction in

    • Options
    • A. poverty
    • B. greenhouse gases emission
    • C. nuclear armaments
    • D. agricultural subsidy
    • Discuss


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