ixambee.com
New RBI Grade B 2025 Notification will come Soon! Enroll Here

    • My Home
      • Dashboard
      • My Account
      • My Courses
      • My Performance
      • Packages
      • Logout
    • youtube Free Videos
      Youtube VideosLive Classes RBI Grade BLive Classes SEBI Grade ALive Classes IBPS PO & RRB
    • Previous Year Paper
    • Exams
    • Online Course
    • Free Mock Test
    • General Awareness
    • Daily Practice
    • All Courses
    • Private Jobs New
    • Testimonials
    ixambee mentorbee
    1. Home
    2. Questions
    3. General Awareness
    4. Weekly Quiz GA for SSC
    5. What does 'VAT' stand for in taxation?

    Question

    What does 'VAT' stand for in taxation?

    A Variable Account Tax Correct Answer Incorrect Answer
    B Venture Added Tax Correct Answer Incorrect Answer
    C Value Added Tax Correct Answer Incorrect Answer
    D Value Administrative Tax Correct Answer Incorrect Answer

    Solution

    Value Added Tax (VAT) is a consumption tax levied on goods and services at each stage of production or distribution, based on the value added at that stage. It is ultimately borne by the consumer.

    Practice Next
      More Weekly Quiz GA for SSC Questions
    • What is the scientific study of stars, planets, and space called? 

    • How long does it take for sunlight to travel from the Sun to Earth? 

    • Which Pigment is Responsible for Giving Plants Their Green Color?

    • India's very own Global Positioning System (GPS) which is set to hit the market for public use in early 2018 is known as the 'Indian Regional Navigation...

    • Lecanemab drug is associated with which disease? 

    • What is the scientific name of the common pigeon?

    • Which instrument is specifically designed to measure extremely high temperatures?

    • Which of the following organisations launched a special programme called 'Young Scientist Programme ?'

    • What was the original name given to the planet Uranus? 

    • Consider the following statements in regards to INS 2B (ISRO NanoSatellite 2B):

      1. The INS 2B is a nanosatellite

      2. It is developed j...

    Relevant for Exams:

    • RRB NTPC
    • Coal India Management Trainee
    • Coal India MT Legal

    Please Register/Login to Download Question

    I Pledged to:

    Please Enter Details

    call-back
    Please enter Name We'll never share your email with anyone else.
    Please enter Correct Mobile Number We'll never share your email with anyone else.

    Thank You

    +91-9205524028 Available Mon-Sat (10 AM to 7 PM)

    [email protected]

    © ATOZLEARN EDUTECH PRIVATE LIMITED All rights reserved.

    Update Address

    Please enter complete address
    Please enter pincode
    Please enter State
    Please enter City

    Download the app

    ×
    QR Code
    Get Started with ixamBee

    Start learning 50% faster. Sign in now

    Please enter Mobile Number or Email Please enter valid Mobile Number or Email
    Please enter Mobile Number Please enter valid Mobile Number
    Email id already Exists Please Enter valid Email Address
    Please enter Mobile Number or Email Please enter valid Mobile Number or Email
    Mobile Number id already Exists Please Enter valid Mobile Number
    Please enter valid OTP Mail sent on your email