Which of the following is an indirect tax?
Income tax
Company tax
Profit tax
Sales tax
Correct answer is D
No explanation has been provided for this answer.
The quantity demanded of a commodity is influenced only by changes in
Tastes
Weather
Price of the commodity
Price of other commodity
Correct answer is C
No explanation has been provided for this answer.
Which of the following combination of qualities ensures a good tax system?
Deflationary equity, certainty and convinience
Economy convinience, certainty and equity
Economy, deflationary, inflationary and certainty
Economy, convinience, certainty and inflationary
Correct answer is B
No explanation has been provided for this answer.
Balance of trade is define as the relationship between
Invisible imports and exports
Visible and invisible exports
Imports and exports of services
Visible exports and visible imports
Correct answer is D
No explanation has been provided for this answer.
In ordinary partnership, the risks are
Borne by the workers
Borne by the creditors
Shared among the partners
Undertaken by the active partners
Correct answer is C
No explanation has been provided for this answer.