Question

Choose the correct pair of items from the statements given in Column I and Column II.

Column I	Column II
A. GST	1. Direct Tax
B. Income Tax	2. Indirect Tax
C. Incidence of Tax	3. Burden of the tax on a person who pays it to the government in the first instance
D. Impact of Tax	4. Burden of the tax on a person who ultimately pays it

Options

• A - 2, B - 1, C - 3, D - 4

• A - 1, B - 2, C - 3, D - 4

• A - 2, B - 1, C - 4, D - 3

• A - 4, B - 3, C - 2, D - 1

Answer 1

A - 2, B - 1, C - 4, D - 3

Explanation:

Column I	Column II
A. GST	2. Indirect Tax
B. Income Tax	1. Direct Tax
C. Incidence of Tax	4. Burden of the tax on a person who ultimately pays it
D. Impact of Tax	3. Burden of the tax on a person who pays it to the government in the first instance