Tax Systems
Trending Questions
A tax of Rs. 100 on the sale of every car is:
Proportional tax
Progressive tax
Lump-sum tax
Direct tax
A consumer at the store purchases a new vacuum cleaner. At checkout, that consumer will have to pay an additional tax on that purchase- a sales tax. What type of tax is a sales tax?
Keynesian Tax
Personal Income tax
Proportional tax
Direct tax
If people with higher incomes pay higher taxes, the system is called:
Value Added Tax
Progressive Tax
Sales Tax
Regressive Tax
A progressive tax is one which:
falls most heavily on the less well-off members of society
takes an increasing proportion of income as income rises
is levied on income and wealth
is levied on expenditure
Progressive tax is a tax which is:
Charged at a decreasing rate when income of the individual increases
Charged at an increasing rate when income of the individual increases
A fixed percentage of an individual income
None of these
Regressive tax is that which is:
Charged at an increasing rate when income of the individual increases
Charged at a decreasing rate when income of the individual increases
Relatively a low percentage of an individual's income
None of these
(Least count = 0.01 cm)
- 8.36 cm
- 8.58 cm
- 8.54 cm
- 8.56 cm
- A screw gauge have 50 divisions in the circular scale and pitch as 1 mm
- A screw gauge having 100 divisions in the circular scale and pitch as 1 mm.
- A meter scale
- A vernier calliper where the 10 divisions in vernier scale matches with 9 division in main scale and main scale has 10 divisions in 1 cm.


- 3.07 cm
- 3.15 cm
- 3.17 cm
- 3.11 cm