Question
Consider the following statements about Indian
economy: 1. Share of Corporation tax is more than the share of Income Tax in Direct tax collected. 2. Average monthly gross GST collections have constantly increased since 2018. Which of the above statement/s is/are correct?Solution
• Statement 1 is correct: The direct taxes, consisting mainly of corporate and personal income tax, constitute around 55 per cent of Gross tax revenue. The contribution of different taxes in GTR (FY23 BE) are: 
• Statement 2 is Incorrect: GST collections have been a major source of revenue. They have been on the rise crossing 1.49 lakh cr in 2022 from 0.90 lakh cr in 2018. However, contrary to the trend year 2021 saw a dip in collections. This is better shown below: 
Which statement is sufficient to find the code for ‘colour’ in the given code language?
Statement I: ‘each box contains equivalent’ is co...
What is the code of ‘good morning’ in the certain code of language?
Statement I: In a certain code of language ‘all said good morning’ ...
Among six persons F, G, H, I, J, and K, who is second tallest?
I. F is shorter than only two persons and I is taller than only J.
II....
The question given below consists of two statements numbered I and II given below it. You have to decide whether the data provided in the statements ar...
The question given below consists of some statements given below it. You have to decide whether the data provided in the statements are sufficient to a...
Six persons P, Q, R, S, T and U are sitting in a circular table. Each of them faces inside the table but not necessarily in the same order. Who among t...
it. You have to decide which of the statements are redundant to answer the question. Read all the statements and give answer.
Six persons L, M,...
Among A, B, C, D and E, which is the smallest?
I. D is greater or equal to E. B is equal to C, which is greater than D.
II. E is smaller t...
On which day of the same week is Sandeep exam scheduled (Monday being the first day of the week)?
I. Sandeep correctly remembers that his exam ...
The question below consists of two statements 1 and 2. Decide whether the facts provided in the statements are sufficient to answer the question.
Relevant for Exams:
