ECN05 — Government Budget and GST

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Question 1

GST was implemented in India from: (NDA PYQ)

A1 April 2017

B1 July 2017

C1 January 2018

D1 April 2018

Question 2

Income Tax is an example of which type of tax? (NDA PYQ)

AIndirect tax collected at point of sale

BRegressive tax on all income levels

CDirect tax paid by the person on whom it is levied

DProportional tax with same rate for all

Question 3

IGST is levied on: (NDA PYQ)

ASales within a single state to end consumers

BServices provided by banks to individuals

CInter-state supply of goods and services

DImports of agricultural produce only

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ECN05 — Government Budget and GST — Quiz