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11th Standard English Medium Commerce Subject Indirect Taxation Book Back 1 Mark Questions with Solution Part - I

11th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 5

    Part I

    5 x 1 = 5
  1. Who is the chairman of the GST council?

    (a)

    RBI Governor

    (b)

    Finance Minister

    (c)

    Prime Minister

    (d)

    President of India

  2. GST stands for __________

    (a)

    Goods and Supply Tax

    (b)

    Government Sales tax

    (c)

    Goods and Services Tax

    (d)

    General Sales Tax

  3. What kind of Tax the GST is?

    (a)

    Direct Tax

    (b)

    Indirect Tax

    (c)

    Dependence on the type of goods and services

    (d)

    All business organisations

  4. What is IGST?

    (a)

    Integrated Goods and Services Tax

    (b)

    Indian Goods and Services Tax

    (c)

    Initial Goods and Services Tax

    (d)

    All the Above

  5. In India GST became effective from?

    (a)

    1st April, 2017

    (b)

    1st January, 2017

    (c)

    1st July, 2017

    (d)

    1st March, 2017

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