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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. First Regional Rural Bank came into existence in,

  • 1973
  • 1974
  • 1975
  • 1976

Answer: Option C

Explanation:

First Rural Bank was established on 2nd Oct 1975.

2. States earn maximum revenue through

  • Tax Fines
  • Customs
  • License sales
  • Commercial taxes

Answer: Option D

3. The mineral in which India depends largely on imports is

  • Iron Ore
  • Bauxite
  • Mica
  • Mercury

Answer: Option D

4. Who has given "Big Push Theory" ?

  • R. Rodan
  • Jack Hamilton
  • Amritya Sen
  • Dr. Abhishek Mathur

Answer: Option A

5. India is the largest milk producing country in the world .

  • True
  • False

Answer: Option A

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