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Sales Tax is

  • Direct Tax
  • Indirect Tax
  • Tax imposed by central government
  • Tax imposed by state government

Answer: Option B

Explanation:

Direct Taxes are : Income Tax, Property Tax, Gift Tax etc.

Indirect Taxes are : Sales Tax, Excise Tax, Custom Duty etc.

Similar Questions :

1. Who was the winner of new Rupee symbol contest ?

  • S Ravi Chandra
  • Vijay Singh
  • Anil Agnihotri
  • D Udaya Kumar

Answer: Option D

2. National Rural Development Institute is situated at ?

  • Delhi
  • Shimla
  • Hyderabad
  • Mumbai

Answer: Option C

3. Who was the father of Operation Flood ?

  • Dr. Norman Borlaug
  • Dr. M.S. Swaminathan
  • Dr. Verghese Kurien
  • Dr. William Gande

Answer: Option C

Explanation:

The "Operation flood" was the largest integrated dairy development programme of the world. It was started by National dairy development board in 1970.

4. First five year plan in India was from

  • 1947 - 1952
  • 1949 - 1954
  • 1950 - 1955
  • 1951 - 1956

Answer: Option D

5. How much population is living below poverty line in India ?

  • Approx 24%
  • Approx 25%
  • Approx 26%
  • Approx 27%

Answer: Option C

Read more from - Indian Economy Questions Answers
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