221RPSC1996EconomyEnglish
Corporation Tax is on
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Correct option: C — income of a company
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Economy MCQ practice free online · page 23
Questions from RRB, NTPC, Group D and JE past papers. Tap an option to check it instantly — every question shows the correct answer, and most carry the explanation the paper gave.
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- 222UKPSC2011EconomyEnglish
Which of the following is not a direct tax in India?
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Correct option: D — Sales Tax
- 223BPSC2002EconomyEnglish
Which of the following are the indirect tax?
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Correct option: C — Sales tax and Excise tax
- 224MPPSC2005EconomyEnglish
When was the Wealth tax first introduced in India?
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Correct option: C — 1957
- 225MPPSC1994EconomyEnglish
Chelliah committee is related to
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Correct option: A — Reforms in direct and indirect tax systems
- 226BPSC2017EconomyEnglish
Service tax was introduced in India on the recommendation of
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Correct option: B — Raja J. Chelliah Committee
- 227UPSC1995EconomyEnglish
Corporation tax
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Correct option: D — is levied by the Union and belongs to it exclusively
- 228UPSC1995EconomyEnglish
Agricultural Income Tax is assigned to the State Government by
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Correct option: D — The Constitution of India
- 229UPPSC2008EconomyEnglish
Of the following taxes which one is not levied by State Governments?
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Correct option: D — Corporation Tax
- 230UPPSC1995EconomyEnglish
Which of the following taxes does not directly increase the price of a commodity to buyers?
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Correct option: A — Income Tax
Economy practice — common questions
Page 23 of this set has 10 questions on it.
Are these Economy questions free to practise?
Yes. Every question on this page is free and needs no account. Create a free account only if you want your progress saved.
Where do these Economy MCQs come from?
They are taken from official past papers of Indian government recruitment exams such as RRB NTPC, RRB Group D and RRB JE, and each question keeps a reference to the exam it appeared in.
Are the questions available in Hindi?
Yes. Many papers are set in both languages, so a large share of these questions are available in Hindi. Use the language filter at the top of the page.
Do the questions show answers and explanations?
Every question shows the correct option. Where the source paper included a worked solution, the explanation is shown under "Show answer".