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Question

Which of the following types of direct tax collection increased as of 10 February 2023 budget?

This question was previously asked in
SSC CGL 2024 (Tier-I) Previous Year Paper (17-Sep-2024) (Shift 3)
The correct answer is

Personal income tax

In the 2023 budget, the increase in direct tax collection was mostly attributed to Personal income tax, reflecting the government’s focus on reducing the tax burden and simplifying the tax structure. Hence, the correct answer is 2 (Personal income tax).

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Important Questions from Economic and Financial Affairs

  1. As per the Economic Survey 2020-21, India's real GDP growth is estimated to contract by ______ in financial year 2020-2021.

  2. The Government of India has set a target of achieving how much solar power capacity by the year 2022?

  3. Which of the following statements about the detailed corporate governance norms for listed companies issued in April 2014 by SEBI is/are correct?

    1. It provides for stricter disclosures and protection of investor rights, including equitable treatment for minority and foreign shareholders

    2. Under the new norms listed companies are required to provide the option of facility of e-voting to shareholders on all resolutions proposed to be passed at general meetings

    Select the correct answer using the code given below.

  4. Pradhan Mantri Jan-Dhan Yojana (PMJDY ) now has in excess of 472 million accounts. Which state has topped this List (as on October 12, 2022)?

  5. In 2018, what was the investment in infrastructure as a percentage of GDP in India?

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