DHS Assam Grade-III Recruitment 2022

Assam Direct Recruitment 2022 Grade-III Mock Test Series

Indian Economy MCQ Set-4

This set contains 10 multiple choice questions. One mark for each correct answer. No negative marking for incorrect answer.

1. Which of the following is a union tax?

a) Taxes on agricultural income

b) Cooperation tax

c) Land revenues

d) None of these

Correct! Wrong!

2. Low productivity of agriculture in Indian is not caused by:

a) Poor financial facilities

b) Less area under cultivation

c) Subdivision of land holding

d) Inadequate availability of inputs

Correct! Wrong!

3. Which of the following is a direct tax?

a) GST

b) Tax on Income

c) Custom Duty

d) None of these

Correct! Wrong!

4. Which one of the followings is correct about GREEN REVOLUTION?

a) It has led to increase in regional inequalities

b) It has led to spurt in all food grain production

c) It has reduced inter-personal inequalities within a region

d) None of these

Correct! Wrong!

5. What is meant by the ‘Blue Chip’ company?

a) Kind of company that deals with electronic chips

b) Kind of company that deals with potato chips

c) Kind of company that constantly perform good result

d) None of these

Correct! Wrong!

6. Which of the following is a union indirect tax?

a) Security transaction tax

b) Capital gain tax

c) Corporate income tax

d) None

Correct! Wrong!

7. Capital gain tax is defined as:

a) Tax payable for buying physical assets

b) Tax payable at capital expenditure

c) Tax payable on monetary gains on sale of assets

d) None of these

Correct! Wrong!

8. Which one is correct about CENTRAL EXCISE DUTY?

a) Excise Duty is attracted on every manufactured goods in India under the Central Excise act 1944 and the Central Excise Tariff Act 1985

b) Excise Duty is attracted on every agricultural goods in India under the Central Excise act 1945 and the Central Excise Tariff Act 1985

c) Excise Duty is attracted on every consumer goods in India under the Central Excise act 1945 and the Central Excise Tariff Act 1987

d) None of these

Correct! Wrong!

9. Imported goods in India doesn't attract which type of custom duty?

a) basic customs duty

b) Advanced incremental duty

c) additional customs duty

d) education cess

Correct! Wrong!

10. Securities transaction tax is not levied on transaction of:

a) NEFT, RTGS

b) Equity shares

c) Derivatives

d) Units of equity-oriented funds

Correct! Wrong!

Indian Economy MCQ Set-4

a) Excellent! You nailed it

b) Almost there! Keep practicing

c) Hmm! You need improvement

d) Wrong! You got no answer correct.

Indian Economy MCQ Set-4

1. Which of the following is a union tax?

2. Low productivity of agriculture in Indian is not caused by:

3. Which of the following is a direct tax?

4. Which one of the followings is correct about GREEN REVOLUTION?

5. What is meant by the ‘Blue Chip’ company?

6. Which of the following is a union indirect tax?

7. Capital gain tax is defined as:

8. Which one is correct about CENTRAL EXCISE DUTY?

9. Imported goods in India doesn't attract which type of custom duty?

10. Securities transaction tax is not levied on transaction of:

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1. Which of the following is a union tax?

2. Low productivity of agriculture in Indian is not caused by:

3. Which of the following is a direct tax?

4. Which one of the followings is correct about GREEN REVOLUTION?

5. What is meant by the ‘Blue Chip’ company?

6. Which of the following is a union indirect tax?

7. Capital gain tax is defined as:

8. Which one is correct about CENTRAL EXCISE DUTY?

9. Imported goods in India doesn't attract which type of custom duty?

10. Securities transaction tax is not levied on transaction of:

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Leave a Reply Cancel reply

Follow Us

Buy Books @ Discount

Follow AssamONE

Subscribe to Blog via Email

Follow AssamONE

Subscribe to Blog via Email