SSC Economics Sample Paper NCERT Sample Paper-1

  • question_answer
    Consider the following statements.
    1. The taxation system in the Republic of India is quite well structured.
    2. The Department of Revenue of the Finance Ministry of the Government of India is responsible for the computation; levy as well as collection of most the taxes in the country.
    3. Some of the taxes are even levied solely by the Local State Bodies or the respective governments of the different states in the nation.
    Select the correct ones using the code given below:

    A)  1, 2 and 3        

    B)  1 and 2

    C)  1 and 3

    D)  Only 2

    Correct Answer: A

    Solution :

    [a]  Over a period of 10 years to 15 years, the tax system in the nation has undergone some significant changes. The entire system has been tremendously reformed


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