Temporary tax levied to obtain additional revenue is called:
cess
rate
fee
surcharge
Which of the following is the major source of Government revenue
Indirect tax
Direct tax
Interest
Divident and Profit
When was India's first Budget introduced?
7 April 1860
1 February 1948
26 November 1947
12 October 1947
What is the full form of GST?
Good and Supply Tax
General Sales Tax
Goods and Service Tax
Government Sales Tax
Which of the following tax rates is not applicable under GST?
5
12
25
18
The person who pays tax is called
tax payer
shareholder
tax holder
none of these
Fiscal Policy of India is formulated by
the Reserve Bank of India
the Securities and Exchange Board of India
the Finance Ministry
the Planning Commission
How many types of taxes will be in Indian GST?
2
3
4
Which of the following is Indirect tax?
Income tax
Wealth tax
Corporation tax
Sales tax
How is the Public Finance presented?
Through Grants
Through Revenue
Through Budget
Through Tax
