Taxation and GST — UPSC Prelims PYQs
10 questions in this bank come from Taxation and GST, spanning UPSC Prelims papers from 2011 to 2024. Every question here carries all four options, the correct answer and a full explanation.
It has appeared in 8 of the last 16 papers, most heavily in 2017 with 2 questions. That is a steady presence rather than a guaranteed one.
The themes examined most often within it are Economic Taxation and Revenue Concepts (4), Corporate and Sales Tax Regulations (3), Goods and Services Tax (GST) concepts (3), Agricultural Policy and Food Economy (1) and agriculture's economic role (1). Those counts are of questions in which the theme is examined, not merely mentioned.
Questions here are spread across Economy (7) and Polity & Governance (3). Between them they draw on 12 distinct themes, so this is a broader area than a single revision note can cover. That is 0.7% of the 1433 questions in the bank — useful for deciding how much revision time it deserves.
Its weight has held steady, at roughly 0.6 questions a year across the last five papers.
It was not examined in 8 of those papers. Each question below links to its full explanation and to related questions on the same theme from other years, so a weak area can be worked through in one pass rather than hunted for paper by paper.
UPSC Prelims 20241 question
UPSC Prelims 20231 question
UPSC Prelims 20201 question
UPSC Prelims 20181 question
UPSC Prelims 20172 questions
- Economy
Consider the following statements: 1. Tax revenue as a percent of GDP of India has steadily increased in the last decade. 2. Fiscal deficit as a percent of GDP of India has steadily increased in the last decade. Which of the statements given above is/are correct?
- Economy
What is/are the most likely advantages of implementing ‘Goods and Services Tax’ (GST)? 1. It will replace multiple taxes collected by multiple authorities and will thus create a single market in India. 2. It will drastically reduce the ‘Current Account Deficit’ of India and will enable it to increase its foreign exchange reserves. 3. It will enormously increase the growth and size of the economy of India and will enable it to overtake China in the near future. Select the correct answer using the code given below:
UPSC Prelims 20141 question
UPSC Prelims 20122 questions
- Polity & Governance
Which of the following is/are among the noticeable features of the recommendations of the Thirteenth Finance Commission? 1. A design for the Goods and Services Tax, and a compensation package linked to adherence to the proposed design. 2. A design for the creation of lakhs of jobs in the next ten years in consonance with India’s demographic dividend. 3. Devolution of a specified share of central taxes to local bodies as grants. Select the correct answer using the codes given below:
- Economy
Under which of the following circumstances may ‘capital gains’ arise? 1. When there is an increase in sales of product. 2. When there is a natural increase in the value of the property owned. 3. When you purchase a painting, there is a growth in its value due to an increase in its popularity. Select the correct answer using the codes given below: