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  9. Q1

KPSC KAS 2020 · Question 1 of 100

Match List-I with List-II : List-I List-II A. Stamp duties I. Duties levied by and duties on the Union medical Government but collected and appropriated by the State B. Duties on II. Taxes levied and succession to collected by the property other Union but than agricultural assigned to the land States C. Taxes on income III. Taxes levied and other than collected by the corporation tax Union and and taxes on distributed agricultural between the income Union and the States D. Excise duty on IV. Taxes levied and items other than collected by the medical and Union but which toilet preparation may be distributed between the Union and the States Choose the correct answer from the options given below : A B C D

Polity - Taxation

  1. AI II III IVCorrect
  2. BI III IV II
  3. CII I III IV
  4. DI IV III II

Answer: A. I II III IV

Explanation

Stamp duties are levied by the Union but collected and appropriated by the States (I); succession duties are levied and collected by the Union but assigned to the States (II); income tax is levied and collected by the Union and distributed (III); excise on medical and toilet preparations is levied by the Union and may be distributed (IV). Hence I-II-III-IV.

Source: KPSC Gazetted Probationers Prelims Paper-I 24-08-2020 (Subject Code 388), Official Key Chart Series A

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