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Exise duty is imposed on

  • Sale of an item
  • Production of an item
  • Consumption of an item
  • All of above

Answer: Option B

Explanation:

Exise duty is imposed on Production of an item so it is a commodity tax.

Similar Questions :

1. Mahila Samridhi Yojana started in ?

  • 1992
  • 1993
  • 1994
  • 1995

Answer: Option B

Explanation:

Mahila Samridhi Yojana started on 2 October, 1993.

2. In the state of India, the State Financial Corporation have given assistance mainly to develop

  • Irrigation projects
  • small-scale industries
  • medium-scale industries
  • medium and small-scale industries

Answer: Option D

3. Which five year plan focused on "Growth with social justice and equity".

  • Ninth Five Year Plan
  • Eight Five Year Plan
  • Seventh Five Year Plan
  • Sixth Five Year Plan

Answer: Option A

4. Which is not a Kharif Crop ?

  • Jowar
  • Maize
  • Groundnut
  • Wheat

Answer: Option D

5. Planning Commission was constituted on ?

  • 15 March, 1948
  • 15 March, 1949
  • 15 March, 1950
  • 15 March, 1951

Answer: Option C

Explanation:

The Prime Minister is the ex-officio Chairman of this Commission.

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