Question Detail

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. Who is known as father of economics ?

Adam Smith
Max Muller
Joy Chaterjee
Amritya Sen

Answer: Option A

2. Abid Husain Committee is related to ?

Reform in taxes
Reform in government projects
Reform in small industries
Reform in middle level industries

Answer: Option C

3. The increase in oil seeds production was due to ?

White revolution
Yellow revolution
Green revolution
Brown revolution

Answer: Option B

4. Which is not a Kharif Crop ?

Jowar
Maize
Groundnut
Wheat

Answer: Option D

5. Contribution of agriculture to Gross National Product is approximately ?

14%
15%
16.5%
17.5%

Answer: Option D

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