Which of the Following is a Direct Tax? - Current Affairs Including General Knowledge


Which of the following is a Direct Tax?


  • Excise duty

  • Sales tax

  • Income tax

  • None of the above



Income tax

Explanation: Direct taxes are those which are paid directly to the government by the taxpayer. These taxes are not paid deducted and paid on behalf of the taxpayer. Key examples of direct taxes are Income tax, Wealth tax, and Corporation tax.

Concept: Economic Current Affair (Entrance Exam)
  Is there an error in this question or solution?
2014-2015 (May) Set 1


Which is the single policy rate to unambiguously signal the stance of monetary policy as recently recommended by RBI? 

Choose the most appropriate option.
The World Bank had cut India’s GDP growth for 2016 – 2017 to:

Choose the most appropriate option.
According to the Survey Report released by Transparency International during March 2017 on India, the most corrupt are

Choose the most appropriate option:

In an attempt to curb black money, the Government has made PAN mandatory for all financial transactions exceeding Rupees:

Choose the most appropriate option:

In 2015, Prime Minister Mr. Narendra Modi launched a new campaign, "Start up India, Stand up India". The campaign is aimed at:

Mark the best option:
Who has become the World Bank’s Country Director for India?

Mark the best option:
The State Bank of India (SBI) board on 18 August 2016 approved merger of its five associate banks and Bharatiya Mahila Bank(BMB) which of following is NOT an associate banks that will be merged with the SBI are –

Mark the best option:
The 2016 SAARC Sufi festival was organised annually by the Foundation of SAARC Writers And Literature (FOSWAL) was held at which place?

Choose the appropriate alternative:
In 2017, eBay India was merged with which of the following Companies?

Economic survey is published by:

Mark the best option:
Which one of the following is NOT correctly matched of United Nations Specialized Agency and their Headquarters?

Income elasticity of demand is defined as the responsiveness of:

Mark the best option:
“Skava Commerce” an e-commerce platform for retailers, has been launched by which Indian company?

Which of the following statements is correct about FDI in India?

What does strong Rupee as against the dollar mean to India?

A company is said to be 'Sick' when the accumulated loss at  the end of any financial year leads to erosion of_______percent of its net wealth.

Excess of the money supply as compared to the supply of goods results in

In 2012-13, India's target is to restrict the fiscal deficit to x%  of the GDP, where x is:

The foreign exchange reserves of India include

Who has prepared Global Risk Report 2019?

In the context of the banking sector in India, what does 'G' stand for in 'RTGS'?

The index titled SENSEX of BSE (erstwhile Bombay Stock Exchange) is an index of trading of top ______ companies in terms of their volume of trade and their share prices.

Who among the following is credited with giving a theory of population growth in his work titled 'Essay on Population' (1798)?

ln which year was the National Bank for Agriculture and Rural Development Bank (NABARD) established?

Which aspect of the financial system do the Basel Norms focus on?

Fiscal policy helps the government of a country to control the flow of ______.

Which two banks were merged with Bank of Baroda with effect from 1st April 2019?

Which of the following bodies recommends nummum support price for crops?

In the First Five Year Plan ______, the Government of India sought to get the country's economy out of the cycle of poverty.

Which country is hosting the World Sustainable Development Summit 2022?


      Forgot password?
Use app×