aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Indian Economic Development Online Quiz
  • What is the tax or duty on imports called?
Multiple choice

What is the tax or duty on imports called?

  1. Quota

  2. Tariff

  3. Export

  4. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A tariff is a tax imposed by a government on goods and services imported from other countries, used to protect domestic industries or generate revenue.

Keep practicing — related questions

  • The process of passing on the money burden of tax to another person cannot be possible in import duty when
  • The land tax levied on the French peasantry and non-nobles was called
  • The facility that enables Indian exporters to extend term credit to importers of eligible goods at the post...
  • The benefits provided by an employer to its employees attract payment of tax. It is called
  • Mr Ram bought a DVD set for Rs. 14,000. He sold it to Sham for Rs. 18,000. Sham sold it to Raj for Rs. 24,0...
  • Consider the following statements: (a) Degenerative process of germ cells (i.e. oogonia) is called atresia....
  • Consider the following statements: (a) Funnel lying close to the ovary is called infundibulum. (b) The peri...
  • Which of the following taxes is opposite to progressive tax?
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • International Trade Economics (2124 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy