Basic General Knowledge
Value Added Tax (VAT) is

None of these
tax calculated on the selling price, but in declaring the liability to the government, the seller is
both (a) and (b)
indirect tax levied at each stage of production and distribution, from the primary produce to the re

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Basic General Knowledge
What is the purpose of SAARC?

To promote the welfare of the people of South Asia
To accelerate economic growth and cultural development
All of these
To improve the environment of security in the region

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