12th Class Economics Government Budget And The Economy / सरकार का बजट और अर्थव्यवस्था Question Bank MCQs - Government Budget and Economy

  • question_answer
    Identify the correct sequence of alternatives given in Column II by matching them with respective terms in Column I.
    Column I Column II
    A. Gift Tax (i) Regressive tax
    B. Goods and Services Tax (ii) Direct tax
    C. Income Tax      (iii) Paper tax
    Codes

    A) A-(ii)     B-(i)      C-(iii)

    B) A-(iii)     B-(i)      C-(ii)

    C) A-(ii)     B-(iii)     C-(i)

    D) A-(i)      B-(iii)     C-(ii)

    Correct Answer: B

    Solution :

    Gift tax is a paper tax which has little relevance in India. Income tax is an example of direct tax while GST is an example of indirect tax.


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