No. of questions - 20
Time - 10 min
Negative marking : -0.25 mark
1.
Value Added Tax was first introduced in India in
2.
Of the following taxes which one is not levied by State Governments ?
3.
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
4.
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
5.
The objective of SEZ is
6.
Which one of the following is correctly matched?
8.
Agricultural Income Tax is assigned to the State Government by
9.
Which of the following are the indirect tax?
10.
Which one of the following sets of sources of revenue belongs to the Union Government alone?
11.
When was the Wealth tax first introduced in India?
12.
From which of the tax following direct taxes gives maximum net revenue to the Government?
13.
Chelliah committee is related to
14.
The recommendation of the Kelkar Task Force related to
15.
Service tax was introduced in India on the recommendation of
16.
The Kelkar proposals which were
17.
Which of the following is not a direct tax in India?
18.
The largest sources of tax revenue to Central Government of India are
19.
Corporation Tax is on
20.
Which of the following taxes does not directly increase the price of a commodity to buyers?