McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Commerce (B Com) .
Chapters
| 1. |
…………..is the source of Government to increase their revenue. |
| A. | Tax |
| B. | Profit |
| C. | memorandum |
| D. | Expenses |
| E. | 8th July 2019 |
| Answer» A. Tax | |
| 2. |
GST stands for…………. |
| A. | Goods and service tax. |
| B. | Government Service tax |
| C. | God down Surcharge |
| D. | B and C |
| E. | 8th July 2019 |
| Answer» A. Goods and service tax. | |
| 3. |
……………is the motive given to the parliament and legislation of every state |
| A. | . one nation one tax |
| B. | Live and let live |
| C. | Health is Wealth |
| D. | learn and earn |
| E. | 8th July 2019 |
| Answer» A. . one nation one tax | |
| 4. |
…………….collected by central government on an Intra state sale. |
| A. | CGST |
| B. | SGST |
| C. | IGST |
| D. | GST |
| E. | 8th July 2019 |
| Answer» A. CGST | |
| 5. |
………….Collected by the State Government on an Intra state sale. |
| A. | CGST |
| B. | SGST |
| C. | IGST |
| D. | GST |
| E. | 8th July 2019 |
| Answer» A. CGST | |
| 6. |
………….Collected by the Central Maharashtra for Inter state sale. |
| A. | CGST |
| B. | SGST |
| C. | IGST |
| D. | GST |
| E. | 8th July 2019 |
| Answer» A. CGST | |
| 7. |
……….and will share revenue equally between the central and State. |
| A. | CGST & SGST |
| B. | SGST &IGST |
| C. | IGST & CGST |
| D. | GST & IGST |
| E. | 8th July 2019 |
| Answer» A. CGST & SGST | |
| 8. |
on…………………..the GST law came into the force. |
| A. | 1st July 2017 |
| B. | 2nd June 2018 |
| C. | 1st June 2017 |
| D. | 18th July 2019 |
| E. | 8th July 2019 |
| Answer» A. 1st July 2017 | |
| 9. |
…………..is an Indirect Tax which has replaced many indirect taxes in India. |
| A. | GST |
| B. | Income Tax |
| C. | IGST |
| D. | Service Tax |
| E. | 8th July 2019 |
| Answer» A. GST | |
| 10. |
The online version of collecting tax was introduced in the year………… |
| A. | 2004 |
| B. | 2006 |
| C. | 2005 |
| D. | 2015 |
| E. | 8th July 2019 |
| Answer» A. 2004 | |
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