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- Question
Corporation Tax is imposed by
Options- A. Central Government
- B. State Government
- C. Local Government
- D. None
- Correct Answer
- Central Government
ExplanationCorporation tax is a tax imposed on the net income of the company. Companies, both private and public which are registered in India under the Companies Act 1956, are liable to pay corporate tax.
Taxes in India are levied by the Central Government and the state governments. Some minor taxes are also levied by the local authorities such as the Municipality. The authority to levy a tax is derived from the Constitution of India which allocates the power to levy various taxes between the Central and the State.
Hence, Corporate Tax is imposed by Central Government.
- 1. Several Budget proposals, including the reintroduction of the tax on long-term capital gains (LTCG) exceeding __ from the sale of shares, will kick in from 01st April 2018, the beginning of the 2018-19 financial year.
Options- A. 1 lakh
- B. 2 lakhs
- C. 3 lakhs
- D. 4 lakhs Discuss
- 2. With which Sport is the Jules Rimet Trophy associated?
Options- A. Hockey
- B. Badminton
- C. Golf
- D. Football Discuss
- 3. Which writer had a coat of arms with these words on it, "Non sans droict" or "Not without right"? Discuss
- 4. The world's oldest annual race has been held without a break since 1897. Name it. Discuss
- 5. Which independent state was established in 1929 by the Lateran Treaty? Discuss
- 6. Who is the first richest person in India?
Options- A. Mukesh Ambani
- B. Azim Premji
- C. Dilip Shangvi
- D. Lakshmi Mittal Discuss
- 7. Numismatics is the study of
Options- A. Numbers
- B. Coins
- C. Stamps
- D. None Discuss
- 8. A word that means the same thing as consumer is
Options- A. Autotroph
- B. Producer
- C. Heterotroph
- D. Carbohydrate Discuss
- 9. Study of Rocks is called
Options- A. Geology
- B. Cytology
- C. Petrology
- D. Petology Discuss
- 10. Which company has been named as the most innovative company of 2016, as per Boston Consulting Group (BCG) analysis?
Options- A. Tesla
- B. Apple
- C. Google
- D. Amazon Discuss
Basic General Knowledge problems
Search Results
Correct Answer: 1 lakh
Explanation:
Several Budget proposals, including the reintroduction of the tax on long-term capital gains (LTCG) exceeding 1 lakh from the sale of shares, will kick in from 01st April 2018, the beginning of the 2018-19 financial year.
Correct Answer: Football
Explanation:
Jules Rimet Trophy is associated with the game Football.
The Jules Rimet Trophy was named in the honour of Jules Rimet, who is FIFA's longest-serving president, in office for 33 years.
Correct Answer: Shakespeare
Correct Answer: The Boston Marathon
Correct Answer: Vatican City
Correct Answer: Mukesh Ambani
Explanation:
According to 2018 January reports, Mukesh Ambani is the first richest person in India being 18th in the world, followed by Azim Premji and S.P. Hinduja in second and third places.
Correct Answer: Coins
Explanation:
Numismatics is the study or collection of currency, including coins, tokens, paper money, and related objects.
Correct Answer: Heterotroph
Explanation:
Producer are Autotrophs as they prepare their own food and does'nt depend on others as Customers or Heterotrophs which depend on producers or Autotrophs.
Correct Answer: Petrology
Explanation:
The scientific study of rocks is called petrology, which is an essential component of geology.
Correct Answer: Apple
Explanation:
The technology giant Apple has been named as the most innovative company of 2016, as per Boston Consulting Group (BCG) 2016 analysis. In the list of world?s 50 most innovative companies, Google has been ranked second, followed by Tesla Motors, Microsoft, Amazon, Netflix, Samsung, Toyota, Facebook and IBM.
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