GST & Taxation Basics

JKSSB Panchayat Account Assistant · Accountancy & Finance · 18 practice questions with answers and explanations: 5 Easy, 8 Medium, 5 Hard.

Sample questions

Sample Easy question 1

GST is an example of which type of tax?

  1. Indirect tax
  2. Direct tax
  3. Wealth tax
  4. Property tax
Show answer

Answer: A. GST is collected by sellers on behalf of the government and passed on to buyers, making it an indirect tax.

Sample Medium question 2

Which government body administers direct taxes such as Income Tax in India?

  1. Central Board of Direct Taxes (CBDT)
  2. Reserve Bank of India (RBI)
  3. Securities and Exchange Board of India (SEBI)
  4. Comptroller and Auditor General (CAG)
Show answer

Answer: A. The CBDT administers direct taxes including Income Tax in India.

Sample Hard question 3

Which of the following is kept outside the scope of GST by the Constitution?

  1. Readymade garments
  2. Mobile phones
  3. Restaurant services
  4. Alcoholic liquor for human consumption
Show answer

Answer: D. Alcoholic liquor for human consumption is excluded from GST; states continue to tax it.

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