The 'Goods and Services Tax' input tax credit is claimed by: MCQ with Answer and Explanation

Explanation:
The income method sums all factor incomes: wages, rent, interest and profit.

Explanation:
In the older classification, budgetary deficit was the difference between total expenditure and total receipts (both revenue and capital, excluding borrowings). It is no longer widely used.

Explanation:
The primary market is the market where new securities are issued by companies or governments for the first time to raise capital. The secondary market deals with existing securities.