Ugc Net/Set Economics Model Qns-Set 9

1) Article state the annual financial statement (Union Budget) - Article 112

2) Who presented the first Budget in India?- James Wilson (1869)

3) First budget was presented for independent India by - R.K. Shanmukhan Chetty (1947)

4) First budget for Republic of India was presented by - Dr. John Mathai

5) Who is the finance minister who most frequently presented the Union Budget? - Morarji Desai (10 times)

6) Who was the first woman to present a budget? - Indira Gandhi

7) Headquarters of Central Board of Direct Tax - New Delhi

8) Headquarters of Central Board of Indiect Taxes Customes - New Delhi

9) 101st Amendment Act of Indian Constitution considers - GST

10) GST is a ___________ tax - Destination based