Consider the following:
1. Excise duty
2. Capital gains tax
3. Fringe Benefit Tax
4. Wealth Tax
Which among the above come under the category of Indirect Taxes?

Answer: [A] Only 1

Indirect Taxes include Value Added Tax, Central Sales Tax, Excise Duty, Customs Duty, Goods and Services Tax. These Taxes are not levied on individuals, but on goods and services.

This question is a part of GKToday's Integrated IAS General Studies Module