09th Sept 2021 | Economy Test 02

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4 responses to “09th Sept 2021 | Economy Test 02”

  1. Prakhar Purwar Avatar
    Prakhar Purwar

    ques 16- defense expenditures come under capital expenditure.

    1. Aakash Avatar
      Aakash

      No. They come under revenue expenditure, for eg, salaries to defence personnel.
      If any asset is being created, then it will come under Capital Expenditure.

  2. Mrinal Mishra Avatar
    Mrinal Mishra

    Q2, the second statement is wrong as Paris Convention is from 1883 and not 1863.

  3. Usman Shahid Avatar
    Usman Shahid

    Round tripping is “Tax evasion”(illegal) not tax avoidance(legal).

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