The 'Social Welfare Surcharge' is levied on: MCQ with Answer and Explanation
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Question #1
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Which government initiative relies on PFMS to ensure that farmers receive minimum income support seamlessly?
Correct Answer: Option A
Explanation:
PM KISAN uses the Direct Benefit Transfer (DBT) mechanism of the PFMS to transfer funds directly into the bank accounts of farmers.
PM KISAN uses the Direct Benefit Transfer (DBT) mechanism of the PFMS to transfer funds directly into the bank accounts of farmers.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #2
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Which of the following is not a subfield of accounting?
Correct Answer: Option C
Explanation:
Common subfields include financial, cost, management, tax, social responsibility accounting. Social Science Accounting is not a recognized subfield.
Common subfields include financial, cost, management, tax, social responsibility accounting. Social Science Accounting is not a recognized subfield.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #3
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GST is a destination-based tax. This means:
Correct Answer: Option C
Explanation:
Under destination principle, the consuming state gets the SGST portion.
Under destination principle, the consuming state gets the SGST portion.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
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