Taxes

Taxes

Professional Development

7 Qs

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Practice Problem

Easy

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________ an amount of money that you have to pay to the government so that it can pay for public services such as roads and schools

Donation

Tax

Fees

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is founder of tax?

James Wilson

Charels Babage

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____ Levied direly on Income or Profits of the company?

Direct Tax

Indirect Tax

GST

Custom Duty

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______ Tax Directly not Levied to individuals income or profits

Goods and Sevice Tax

Income Tax

Corporate Tax

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In India we have ______ type of Taxtion System

Progressive

Regressive

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In economics, ______is the practice of producing a good or service in one country and selling it to consumers in another country.

Export

Import

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______ Duty is Imposed on both, Export and Import

Custom

VAT

Sales Tax

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