Tag: social science

Questions Related to social science

Which of the following is not a part of direct tax?

  1. Wealth tax

  2. Excise duty

  3. Profit tax

  4. Income tax


Correct Option: B

What does the term 'incidence of taxation' suggest about?

  1. The rate of taxation is high.

  2. The one who bears the ultimate money burden of the tax.

  3. The one who is immediately responsible to pay the tax.
  4. The effect produced by the tax.


Correct Option: B

Which of the following comes under direct tax?

  1. Custom duty

  2. Income tax

  3. Import duty

  4. None of these


Correct Option: B
Explanation:

Direct tax is levied (charge) on the income earned by individuals (income tax) and the profits of businesses (Corporate tax). 

Which of the following is not a non-tariff barrier?

  1. Voluntary export restraint

  2. Health and product standards

  3. Environmental protection laws

  4. Ad-valorem duties


Correct Option: D
Explanation:

Tariff barriers refers to various tariffs or duties imposed on foreign trade transactions to impose trade restrictions. Among the given options ad-valorem duty is tariff barrier, while the others are non-tariff barriers to trade.
Ad-valorem duty is imposed on import goods as percentage of the total value of goods imported.

Dematerialization of TDS certificates had been effective from _________.

  1. 1.4.2005

  2. 1.4.2008

  3. 1.4.2007

  4. 1.4.2006


Correct Option: B

What does MCC stand for?

  1. The Marylebone Cricket Club

  2. The Marylebone Cricket Corporation

  3. The Marylebonc Commercial Club

  4. The Marylebone Cricket Committee


Correct Option: A

Where was the world's first cricket club formed in 1760?

  1. Bombay

  2. England

  3. Eton

  4. Hambledon


Correct Option: D

'Bat' is an old English word which means _________.

  1. Bail

  2. A stick or club

  3. Stumps

  4. None of the above


Correct Option: B

What is the length of the cricket pitch?

  1. 21 yards

  2. 19 yards

  3. 22 yards

  4. 20 yards


Correct Option: C

Which country invented the game of cricket?

  1. England

  2. India

  3. America

  4. West India


Correct Option: A