No. of questions - 20
Time - 10 min
Negative marking : -0.25 mark
1.
Which of the following is not a direct tax in India?
2.
The objective of SEZ is
3.
Which one of the following sets of sources of revenue belongs to the Union Government alone?
4.
Value Added Tax was first introduced in India in
5.
Which among the following are the sources of revenue for the central Government?
1. Corporate Tax
2. Profit from Public Enterprises
3. Sale of National Savings Certificates
4. Loans received from the World Bank
5. Excise duties
Select the correct answer from the codes given below.Deselect Answer
6.
Which one of the following is correctly matched?
7.
Agricultural Income Tax is assigned to the State Government by
8.
Which of the following taxes does not directly increase the price of a commodity to buyers?
9.
Which among the following are true for Central Sales Tax?
1. It is levied on interstate trade.
2. It is levied in the Union Territories.
3. It is levied in the SEZ.
Select the correct answer from the codes given below.Deselect Answer
10.
Corporation Tax is on
11.
The Kelkar proposals which were
12.
Chelliah committee is related to
13.
When was the Wealth tax first introduced in India?
14.
The largest sources of tax revenue to Central Government of India are
15.
Service tax was introduced in India on the recommendation of
17.
From which of the tax following direct taxes gives maximum net revenue to the Government?
18.
The recommendation of the Kelkar Task Force related to
19.
Of the following taxes which one is not levied by State Governments ?
20.
Which of the following are the indirect tax?
