7.
The most important source of public revenue is
Answer : A. taxes
8.
If a perosn gets the prize of state lottery,which of the following taxes will he have to pay?
Answer : C. Income tax
9.
________ is an indirect tax?
Answer : A. Customs duty
10.
Exicse duties are taxes on
Answer : D. production of commodities
11.
The Indian Income Tax is
Answer : C. direct and progressive
12.
Professional tax is levied by
Answer : C. Local Bodies