10th Standard Syllabus & Materials
10th Standard
Tamilnadu 10th Standard Social Science GEO - India - Population, Transport, Communication and Trade Important Questions And Answers Study Material - QB365 Set C
NEW10th Standard
Tamilnadu 10th Standard Social Science GEO - India - Population, Transport, Communication and Trade Important Questions And Answers Study Material - QB365 Set B
NEW10th Standard
Tamilnadu 10th Standard Social Science GEO - India - Population, Transport, Communication and Trade Important Questions And Answers Study Material - QB365 Set A
NEW10th Standard
Tamilnadu 10th Standard Social Science GEO - India - Resources and Industries Important Questions And Answers Study Material - QB365 Set C
NEW10th Standard
Tamilnadu 10th Standard Social Science GEO - India - Resources and Industries Important Questions And Answers Study Material - QB365 Set B
NEW10th Standard
Tamilnadu 10th Standard Social Science GEO - India - Resources and Industries Important Questions And Answers Study Material - QB365 Set A
Published on: 04/11/2019
ECO - Government and Taxes
Download Tamil Nadu 10th Standard Social Science question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Social Science Test
1.
Payments are
Fees and fines
Penalties and forfeitures
None of the above
a and b
2.
Tax evasion is the illegal evasion of taxes by
Individuals
Corporations
Trusts
All of the above
3.
Income tax was introduced in india for the first time in the year __________ .
1860
1870
1880
1850
4.
Under which tax one nation, one uniform tax is ensured?
Value added tax (VAT)
Income tax
Goods and service tax
Sales tax
5.
In India, taxes are including
Direct taxes
Indirect taxes.
Both (a) and (b)
None of these
6.
The three levels of governments in India are
Union, state and local
Central, state and village
Union, municipality and panchayat
None of the above
7.
The unaccounted money that is concealed from the tax administrator is called __________.
8.
The Goods and Service Tax act came into effect on __________.
9.
The burden of the __________ tax cannot be shifted to others.
10.
The origin of the word ‘tax’ is from the word __________.
11.
__________ is levied by government for the development of the state’s economy.
12.
Which of the following statement is correct about GST?
(i) GST is the ‘one point tax’.
(ii) This aims to replace all direct taxes levied on goods and services by the Central and State governments.
(iii) It will be implemented from 1 July 2017 throughout the country.
(iv) It will unified the tax structure in India.
a) (i) and (ii) are correct
b) (ii), (iii) and (iv) are correct
c) (i), (iii) and (iv) are correct
d) All are correct
13.
Black money
14.
GST
15.
VAT
16.
Excise duty
17.
Income Tax
18.
Write any two difference between tax and payments?
19.
What is tax evasion?
20.
What is progressive tax?
21.
What are the types of tax? Give examples.
22.
Write the canons of tax system?
23.
Define tax.
24.
What is black money? Write the causes of black money.
25.
Write the structure of GST.
1.
(a)
Fees and fines
2.
(d)
All of the above
3.
(a)
1860
4.
(c)
Goods and service tax
5.
(c)
Both (a) and (b)
6.
(a)
Union, state and local
7.
( )
Black money
8.
( )
1 July 2017
9.
( )
Direct
10.
( )
Taxation
11.
( )
Tax
12.
c) (i), (iii) and (iv) are correct
13.
Smuggling
14.
1 July 2017
15.
Value Added Tax
16.
Indirect tax
17.
Direct tax
18.
| S. No. |
Tax | Payments |
|---|---|---|
| 1. | Tax is compulsory to the government without getting any direct benefits. | Fee is the payment for getting any service. |
| 2. | If the element of revenue for general purpose of the state predominates, the levy becomes a tax | While a fee is a payment for a specific benefit privilege although the special to the primary purpose of regulation in public interest. |
| 3. | Tax is a compulsory payment. | Fee is a voluntary payment. |
| 4. | If tax is imposed on a person, he has to pay it, otherwise he has to he penalised. | On the other hand fee is not paid if the person do not want to get the service. |
| 5. | In this case, tax payer does not expect any direct benefits. Example: Income tax, gift box, wealth tax, VAT, etc |
Fee payer can get direct benefit for paying fee. Example: Stamp fee driving licence fee,government registration fee. |
19.
i) Tax evasion is the illegal evasion of taxes by individuals, corporations and trusts.
ii) Tax evasion activities included
a) Under reporting income
b) Inflating deductions or expenses
c) Hiding money
d) Hiding interest in offshore accounts.
20.
i) Progressive tax rate is one in which the rate of taxation increases (multiplier) as the tax base increases (multiplicand).
ii) In the case of a progressive tax, the multiplicand (Income) increases., the tax rate also increases.
21.
There are two types of taxes, direct tax and Indirect tax
Direct Tax
i) A tax imposed on an individual or organisation, which is paid directly, is a direct tax.
ii) Direct tax is a tax paid directly to the Union government or to state or local governments, such as Income tax, property tax and corporate tax
Indirect Taxes
i) If the burden of the tax can be shifted to others, it is an indirect tax.
ii) Some indirect taxes are stamp duty, entertainment tax, excise duty and goods and services tax (GST).
22.
(i) Canon of equality
(ii) Canon of certainty.
(iii) Canons of Economy and convenience.
(iv) Canons of Productivity and elasticity
23.
Taxation is a means by which governments finance their expenditure by imposing charges on citizens and corporate entities.
24.
i. Black money is funds earned on the black market on which income and other taxes have not been paid.
ii. The unaccounted money that is concealed from the tax administrator is called black money
Causes of Black money:
Several sources of black money are identified as causes
a) Shortage of goods
b) Licensing proceeding
c) Contribution of the industrial sector
d) Smuggling
e) Tax structure
25.
i) State Goods and services Tax (SGST): Intra state (within the state) : VAT /Sales tax, purchase tax, entertainment tax, luxury tax, lottery tax and state surcharge and cesses.
ii) Central Goods and services Tax (CGST): Intra state (with the state) : Central Excise Duty Service tax, countervailing duty, additional duty of customs, Surcharge. education and secondary / higher secondary cess.
iii) Integrated Goods and services Tax (GST): Interstate (integrated GST)
a) There are four major GST rates : 5 % 12 %, 18 % and 28 %.
b) Almost all the necessities of life like vegetables and food grains are exempted from this tax.
10th Standard Syllabus & Materials
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Tamilnadu Stateboard 10th Standard Subjects
Tamilnadu Stateboard Standards
