CBSE  /  Class 12  /  Economics  /  Government Budget and the Economy

  • 1. 
    Professional tax is imposed by:

  • Central Government
  • State Government
  • Municipal Corporation
  • Gram Panchayat

  • 2. 
    From the following which is included in the direct tax:

  • Income Tax
  • Gift Tax
  • Both (a) and (b)
  • Excise Tax

  • 3. 
    Who issues 1 rupee note in India:

  • Reserve Bank of India
  • Finance Ministry of India
  • State Bank of India
  • None of these
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