1. Regular payment made by the employer to the employee is ___.
    • A. Appraisal
    • B. Debt
    • C. Loan
    • D. Salary
    • Answer: D
  2. Deductions should be paid from the ___.
    • A. Gross salary
    • B. Net Salary
    • C. Earnings
    • D. Basic Salary
    • Answer: A
  3. The government collects ____ from the citizens.
    • A. Loan
    • B. Tax
    • C. Deductions
    • D. Conveyance
    • Answer: B
  4. Karthik has joined a new company. His salary is Rs. 3 lakhs per year. This is his ____ salary.
    • A. Monthly
    • B. Basic
    • C. Net
    • D. Gross
    • Answer: D
  5. Simon’s company calculated the income tax and paid on behalf of him. This is called ____.
    • A. House rent allowance
    • B. Interest
    • C. TDS
    • D. NPS
    • Answer: C