Smartindia Classroom
CONTENTS
English
Economics
History & Civics
Back to home
Start Practice
Question-1
_________________ are examples of direct taxes.
(A)
Income tax
(B)
Corporation taxes
(C)
capital gains tax
(D)
All of these
Question-2
Income tax is levied on _________________
(A)
Salaries
(B)
Property
(C)
Capital gains
(D)
All of these
Question-3
The revenue of the government is popularly known as ________________
(A)
Public revenue
(B)
Public expenditure
(C)
Public debt
(D)
None of these
Question-4
________________ refers to the person who bears the burden of the tax finally
(A)
Impact
(B)
Incidence
(C)
Tax transparency
(D)
None of these
Question-5
Taxes on sugar in India is imposed on weight of the commodity, it is example of _______________ tax.
(A)
Progressive
(B)
Regressive
(C)
Specific
(D)
Ad valorem
Question-6
Income and profits of the public sector undertakings are known as _______________
(A)
Interest receipts
(B)
Dividend and profits
(C)
Grants-in-aid
(D)
None of these
Question-7
Progressive taxation is a case where the rate of taxation goes up as the tax payer?s income ______________
(A)
Goes down
(B)
Goes up
(C)
Reamis constant
(D)
None of these
Question-8
Income tax in India is an example of _____________ taxation.
(A)
Proportional
(B)
Progressive
(C)
Rigressive
(D)
Degressive
Question-9
_____________ follows a multi-stage tax pattern
(A)
Progressive
(B)
Value added taxes
(C)
Specific
(D)
Ad alorem
Question-10
Taxes could be imposed on _______________
(A)
Salaries
(B)
Wages
(C)
incomes
(D)
All of these
Your Score 0/10
Click
here
to see your answersheet and detailed track records.
Plus 2 Humanities
ICSE/ISC
Practice in Related Chapters
Micro Economic Theory
Theory of Consumer Behavior; Marginal Utility and Indifference Curve Analysis
Law of Supply and Price Elasticity of Supply
Laws of Returns - Returns to a Factor and Returns to Scale
Demand and Law of Demand
Elasticity of Demand
Cost and Revenue Analysis
FORMS OF MARKET
EQUILIBRIUM OF FIRM
Determination of Equilibrium Price and Output Under Perfect Competition Monopoly and Monopolistic
Equilibrium Price: Market Price
Nature of Goods and Services Produced
National Income Aggregates
INTERNATIONAL TRADE; NEED AND BASIS
Balance of Payments
Theory of Distribution: Marginal Productivity Theory and Determination of Wages
Public Expenditure
PUBLIC DEBT
Fiscal Policy and Deficit Financing
The Theory of Distribution: Rent, Interest and Profit
National Income and Circular Flow of Income
Measurement of National Income
- GOVERNMENT BUDGET
PUBLIC FINANCE;TAXATION
Powered By
