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INTRODUCTION TO TAX SYSTEM

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Tax is a ______ charge

a)

Primary

b)

Secondary

c)

Compulsory

d)

Voluntary

2.

____ is the main source of revenue for the Government.

a)

Salary

b)

Tax

c)

Loans

d)

Grants

3.

The revenue of tax is utilised for ______

a)

Entertainment

b)

Music

c)

Travel

d)

Social Welfare

4.

From the following select the current Finance Minister of India in the year 2025.

a)

Shri Piyush Goyal

b)

Shri Rajnath SIngh

c)

Smt. Nirmala Sitharaman

d)

Shri Kiran Rijiju

5.

Which department of the Government of India collects tax

a)

Income Tax

b)

Defence

c)

Railways

d)

Finance

6.

Taxes are mainly classified into how many types

a)

1

b)

2

c)

6

d)

8

7.

Incidence =

a)

Tax Burden

b)

Tax Payer

c)

Tax Year

d)

None

8.

When the impact and incidence of tax are on same person is called

a)

Indirect Tax

b)

Direct Tax

c)

Proportional Tax

d)

None

9.

Taxes on goods and services are mainly ____ taxes.

a)

Proportional Tax

b)

Direct Tax

c)

Indirect Tax

d)

Regressive Tax

10.

Taxes on income and wealth are generally _____.

a)

Regressive tax

b)

Direct Tax

c)

Indirect Tax

d)

None

11.

Income tax, wealth tax and corporate tax are examples of___ tax.

a)

Advoleram

b)

Direct

c)

Indirect

d)

All of the above

12.

GST in tax means

a)

Gold and Service

b)

Goods and Sales

c)

Goods and Support

d)

Goods and Service

13.

Excise duty, sales tax and GST are examples of ____ tax

a)

Natural

b)

Direct

c)

Indirect

d)

None

14.

In indirect tax, the tax burden can be shifted to another person.

a)

True

b)

False

15.

In direct tax the tax burden and tax payer both are different person.

a)

True

b)

False