Daily MCQ Quiz

Test your knowledge with our daily updated questions.

General Knowledge MCQs

Quiz #69170
The Indian Income Tax is?
A Direct and proportional
B Indirect and proportional
C Direct and progressive
D Indirect and progressive
Discuss
Quiz #69169
Which among the following is the exclusive jurisdiction of the State Government?
A Sales Tax
B Income Tax
C Corporation Tax
D Custom Duty
Discuss
Quiz #69168
Which of the following commission set up by the President of India decides the distribution of tax incomes between the Central and State Government?
A Central Law Commission
B Pays Commission for Government Employees
C Finance Commission
D Planning Commission
Discuss
Quiz #69167
Service Tax was introduced in India for the first time in the year?
A 1980-81
B 1985-86
C 1994-95
D 2004-05
Discuss
Quiz #69166
Which of the following taxes is NOT levied by the Union Government?
A customs
B Land Revenue
C Income Tax
D Surcharge on Income Tax
Discuss
Quiz #69165
The amount of which of the following reflects the overall budgetary position of the Government of India at a given time?
A Revenue Deficit
B Total amount of income tax collected
C Capital Deficit
D Fiscal Deficit
Discuss
Quiz #69164
Which of the following is NOT a source of tax revenue collected by the Government of India?
A Custom Duty
B Dividends and Profits
C Service Duty
D Income Tax
Discuss
Quiz #69163
Which of the following is NOT the part of the structure of the Financial System in India?
A Industrial Finance
B Agriculture Finance
C Government Finance
D Personal Finance
Discuss