Question

Match the items in Column A to those in Column B and choose the correct option:

Column A		Column B
1	GST	(a)	Indirect Tax
2	Income Tax	(b)	Burden can be shifted
3	Fine	(c)	Direct Tax
4	Tax Receipts	(d)	Capital Receipt

Options

• 1 - (a)

• 2 - (b)

• 3 - (c)

• 4 - (d)

Answer 1

1 - (a)

Explanation:

A tax on goods and services is known as an indirect tax.