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Practice Quiz

Tally Prime with GST Practice Quiz

Practice Tally Prime, GST entries, vouchers, inventory, banking, and reporting concepts.

Use this practice quiz to revise important concepts, identify weak areas, and prepare better before joining the full course or attempting interviews, practical assessments, and real project work.

160
Questions
6
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1
Which shortcut key is used to create a company in Tally Prime?
Correct Answer A. Alt + F3
2
Which ledger is created by default in Tally Prime?
Correct Answer A. Cash
3
Which shortcut key is used to create a ledger in Tally Prime?
Correct Answer A. Alt + C
4
In Tally Prime, which key is used to access the calculator?
Correct Answer A. Ctrl + N
5
Which type of account is 'Capital Account'?
Correct Answer A. Personal
6
What is the shortcut key to display Daybook in Tally?
Correct Answer A. Alt + F2
7
Which tax is levied on the supply of goods and services in India?
Correct Answer A. GST
8
What does CGST stand for?
Correct Answer A. Central Goods and Services Tax
9
Which form is used to file GSTR-1?
Correct Answer A. Monthly/Quarterly Return for Outward Supplies
10
What is the full form of IGST?
Correct Answer A. Integrated Goods and Services Tax
11
Which account records the purchase of goods?
Correct Answer A. Purchase Account
12
Which GST rate applies to essential food items?
Correct Answer A. 0%
13
What is the maximum penalty for GST fraud?
Correct Answer A. 100% of tax due
14
Which shortcut key is used to create a new voucher entry in Tally?
Correct Answer A. F7
15
What is the shortcut key to enable GST in Tally?
Correct Answer A. F11
16
Which type of voucher is used for recording sales?
Correct Answer A. Sales Voucher
17
Which Tally feature is used to compare financial reports?
Correct Answer A. Ratio Analysis
18
What is the main advantage of Tally Prime?
Correct Answer A. User-friendly Interface
19
Which key is used to alter a ledger in Tally?
Correct Answer A. Ctrl + Enter
20
Which section of GST covers Input Tax Credit?
Correct Answer A. Section 16
21
What is the full form of HSN in GST?
Correct Answer A. Harmonized System of Nomenclature
22
Which account type is 'Fixed Asset'?
Correct Answer A. Real Account
23
What does ITC stand for in GST?
Correct Answer A. Input Tax Credit
24
What is the due date for filing GSTR-3B?
Correct Answer A. 20th of the next month
25
Which shortcut key is used to create a new stock item in Tally Prime?
Correct Answer A. Alt + C
26
What does GSTR-3B represent?
Correct Answer A. Monthly Summary Return
27
Which account type is 'Salary Account'?
Correct Answer A. Nominal Account
28
What is the GST rate for luxury items?
Correct Answer A. 28%
29
Which form is used for GST registration?
Correct Answer A. GST REG-01
30
What is the shortcut key for ledger alteration in Tally Prime?
Correct Answer A. Ctrl + Enter
31
Which report is used to check pending payments in Tally?
Correct Answer A. Outstanding Report
32
What is the full form of SAC in GST?
Correct Answer A. Service Accounting Code
33
Which shortcut key is used for stock summary in Tally?
Correct Answer A. Alt + F12
34
Which type of GST is collected by state governments?
Correct Answer A. SGST
35
Which mode is used to print invoices in Tally?
Correct Answer D. Invoice Mode
36
Which financial statement shows profits and losses?
Correct Answer A. Profit & Loss Account
37
Which form is used to file an annual return under GST?
Correct Answer A. GSTR-9
38
What is the penalty for late GST return filing?
Correct Answer A. ₹50 per day
39
Which key is used to view balance sheet in Tally?
Correct Answer B. Alt + F5
40
What does RCM stand for in GST?
Correct Answer A. Reverse Charge Mechanism
41
Which ledger group does 'Sundry Creditors' belong to?
Correct Answer A. Current Liabilities
42
Which GST form is used for TDS return?
Correct Answer A. GSTR-7
43
What is the due date for filing GSTR-1 for monthly filers?
Correct Answer A. 11th of next month
44
Which tax is applicable on inter-state sales?
Correct Answer A. IGST
45
Which voucher is used for bank transactions?
Correct Answer A. Contra Voucher
46
Which Tally feature is used for setting up GST?
Correct Answer A. F11 Features
47
What does TCS stand for in taxation?
Correct Answer A. Tax Collected at Source
48
Which shortcut key is used to display Trial Balance in Tally?
Correct Answer A. Alt + B
49
Which GST form is used to claim refunds?
Correct Answer A. RFD-01
50
What is the shortcut key to open Company Features in Tally Prime?
Correct Answer A. F11
51
Which GST form is used for input tax credit reconciliation?
Correct Answer A. GSTR-2A
52
What is the minimum turnover limit for GST registration in India (normal category states)?
Correct Answer B. ₹20 Lakhs
53
Which account group does 'Debtors' belong to?
Correct Answer A. Sundry Debtors
54
Which GST return is filed for outward supplies?
Correct Answer A. GSTR-1
55
Which shortcut key is used to create a new ledger in Tally Prime?
Correct Answer A. Alt + C
56
Which tax is applicable on intra-state sales?
Correct Answer A. CGST & SGST
57
Which Tally feature is used for security control?
Correct Answer A. Security Control in F11
58
Which shortcut key is used to generate E-Way Bill in Tally?
Correct Answer A. Alt + Shift + W
59
Which voucher type is used to record a purchase transaction?
Correct Answer A. Purchase Voucher
60
Which form is used for GST cancellation?
Correct Answer A. GST REG-16
61
What is the penalty for failing to register under GST?
Correct Answer A. ₹10,000 or 100% of tax due
62
What does GSTR-4 apply to?
Correct Answer A. Composition Dealers
63
Which shortcut key is used for Payment Voucher in Tally?
Correct Answer A. F5
64
What does ITC stand for in GST?
Correct Answer A. Input Tax Credit
65
What is the due date for GSTR-9 filing?
Correct Answer A. 31st December
66
Which GST form is used to make amendments in previously filed returns?
Correct Answer A. GSTR-1A
67
Which tax is applicable on exports under GST?
Correct Answer A. IGST
68
Which key is used to generate a Profit & Loss Account in Tally?
Correct Answer A. Alt + F1
69
Which voucher type is used for recording GST adjustments?
Correct Answer A. Journal Voucher
70
What does HSN stand for in GST?
Correct Answer A. Harmonized System of Nomenclature
71
Which shortcut key is used to open Day Book in Tally?
Correct Answer A. Alt + F5
72
Which financial statement displays assets and liabilities?
Correct Answer A. Balance Sheet
73
Which option is used to define GST rates for items in Tally?
Correct Answer A. GST Rate Setup
74
Which report in Tally Prime helps in reconciling bank statements?
Correct Answer A. Bank Reconciliation Statement
75
Which shortcut key is used to open GST Reports in Tally?
Correct Answer A. Alt + G
76
What is the maximum late fee for delayed GST return filing?
Correct Answer A. ₹10,000
77
What is the full form of IGST?
Correct Answer A. Integrated Goods and Services Tax
78
Which shortcut key is used to alter a ledger in Tally?
Correct Answer A. Ctrl + Enter
79
Which form is required to surrender a GST registration?
Correct Answer A. GST REG-16
80
Which report in Tally shows the net profit or loss of a business?
Correct Answer A. Profit & Loss Account
81
Which shortcut key is used for viewing Stock Summary in Tally?
Correct Answer A. Alt + F12
82
What does EWB stand for in GST?
Correct Answer A. E-Way Bill
83
Which report is used to check tax liabilities under GST?
Correct Answer A. GST Computation Report
84
Which shortcut key is used to activate GST in Tally?
Correct Answer A. F11
85
What is the maximum late fee for GSTR-3B?
Correct Answer C. ₹50 per day
86
Which GST return is filed quarterly by composition taxpayers?
Correct Answer A. GSTR-4
87
Which shortcut key is used to create a new company in Tally?
Correct Answer A. Alt + F3
88
What is the validity of an E-Way Bill for a distance of up to 100 km?
Correct Answer A. 1 day
89
What does SAC stand for in GST?
Correct Answer A. Service Accounting Code
90
Which shortcut key is used to enable GST features in Tally Prime?
Correct Answer A. F11
91
Which report is used for checking GST tax payable in Tally?
Correct Answer A. GST Computation
92
Which shortcut key is used to open Tally Audit in Tally Prime?
Correct Answer A. Alt + F12
93
Which GST form is used for annual return filing?
Correct Answer A. GSTR-9
94
Which key combination is used to delete an entry in Tally?
Correct Answer A. Alt + D
95
What is the due date for filing GSTR-3B?
Correct Answer A. 20th of next month
96
Which Tally feature is used to lock data entry?
Correct Answer A. Security Control
97
Which shortcut key is used to open the Chart of Accounts?
Correct Answer A. Alt + A
98
Which GST form is used to claim a refund?
Correct Answer A. RFD-01
99
Which key is used to print a report in Tally?
Correct Answer A. Ctrl + P
100
Which Tally report gives details about pending payments?
Correct Answer A. Outstanding Report
101
Which ledger is used to record GST payable in Tally?
Correct Answer A. Duties & Taxes
102
Which shortcut key is used to open Stock Summary in Tally?
Correct Answer A. Alt + F12
103
What is the GST rate for essential goods like milk and eggs?
Correct Answer A. 0%
104
Which GST return is used for tax deduction at source?
Correct Answer A. GSTR-7
105
Which shortcut key is used to create an invoice in Tally?
Correct Answer A. Alt + F8
106
Which type of supply is covered under reverse charge mechanism (RCM)?
Correct Answer A. Unregistered dealer purchases
107
Which section of GST Act defines the Reverse Charge Mechanism?
Correct Answer A. Section 9(3)
108
Which GST form is used for input tax credit reconciliation?
Correct Answer A. GSTR-2A
109
Which shortcut key is used to create a new voucher in Tally?
Correct Answer A. F8
110
Which type of GST is collected by the central government?
Correct Answer A. CGST
111
Which account type is used for recording GST payable?
Correct Answer A. Duties & Taxes
112
Which shortcut key is used to display Day Book in Tally?
Correct Answer A. Alt + F6
113
Which is the highest GST tax slab?
Correct Answer A. 28%
114
Which shortcut key is used to alter a voucher in Tally?
Correct Answer B. F2
115
What is the due date for filing GSTR-1 for a monthly taxpayer?
Correct Answer A. 11th of next month
116
Which shortcut key is used to activate GST Tax Classification in Tally?
Correct Answer B. F12
117
Which type of supply attracts zero GST?
Correct Answer A. Exported Goods
118
Which GST form is used for summary return filing?
Correct Answer A. GSTR-3B
119
Which shortcut key is used to record a GST payment in Tally?
Correct Answer A. F5
120
What is the validity period of an E-Way Bill for a distance of more than 1000 km?
Correct Answer A. 15 days
121
Which GST return is used for non-resident taxable persons?
Correct Answer A. GSTR-5
122
Which shortcut key is used to enable GST in a ledger in Tally?
Correct Answer A. Alt + L
123
Which organization is responsible for GST implementation in India?
Correct Answer A. GST Council
124
What is the GST rate for restaurant services (non-AC)?
Correct Answer A. 5%
125
Which type of supply is covered under Composite GST?
Correct Answer B. Intra-State Supply
126
Which document is used to transport goods under GST?
Correct Answer A. E-Way Bill
127
Which shortcut key is used to open a Company in Tally?
Correct Answer A. Alt + F3
128
Which type of invoice is used for export sales?
Correct Answer C. Commercial Invoice
129
Which GST return is filed annually by composition taxpayers?
Correct Answer A. GSTR-9A
130
Which GST form is used for e-commerce operators to collect TCS?
Correct Answer A. GSTR-8
131
Which GST rate is applicable to educational services?
Correct Answer A. Exempt
132
Which GST form is used for annual return filing?
Correct Answer A. GSTR-9
133
Which shortcut key is used to print a report in Tally?
Correct Answer C. Alt + P
134
Which GST component applies to transactions between two different states?
Correct Answer A. IGST
135
What is the maximum validity of an E-Way Bill for distances up to 200 km?
Correct Answer A. 1 day
136
Which shortcut key is used to configure company features in Tally?
Correct Answer A. F11
137
Which type of invoice is used for unregistered dealers under GST?
Correct Answer A. Bill of Supply
138
Which return is used for deducting TDS under GST?
Correct Answer A. GSTR-7
139
Which shortcut key is used to activate GST Reports in Tally?
Correct Answer B. Alt + G
140
What is the penalty for late filing of GST returns?
Correct Answer A. ₹50 per day
141
Which document is required for claiming ITC?
Correct Answer A. Tax Invoice
142
What is the GST rate on gold jewelry?
Correct Answer A. 3%
143
Which return is used for Input Service Distributor?
Correct Answer A. GSTR-6
144
Which shortcut key is used to open a ledger in Tally?
Correct Answer A. Alt + G
145
Which form is required to cancel GST registration?
Correct Answer A. GST REG-16
146
Which type of supply attracts a NIL GST rate?
Correct Answer A. Fruits & Vegetables
147
Which return is used for Composition Scheme taxpayers?
Correct Answer A. GSTR-4
148
Which organization assigns GSTIN to businesses?
Correct Answer A. GSTN
149
Which section of GST Act deals with ITC eligibility?
Correct Answer A. Section 16
150
Which type of GST is applicable for Union Territories?
Correct Answer A. UTGST
151
Which shortcut key is used to open the company alteration menu?
Correct Answer A. Alt + F3
152
Which return is filed for the final GST return after cancellation?
Correct Answer A. GSTR-10
153
Which authority is responsible for resolving GST disputes?
Correct Answer A. GST Appellate Tribunal
154
What is the minimum turnover required for GST registration in India?
Correct Answer A. ₹40 Lakhs
155
Which GST rate applies to financial services?
Correct Answer A. 18%
156
Which GST form is used for non-filers of returns?
Correct Answer A. GSTR-3A
157
Which shortcut key is used to enable GST in Tally Prime?
Correct Answer A. F11
158
Which return is used for e-commerce operators collecting TCS under GST?
Correct Answer A. GSTR-8
159
What is the due date for filing GSTR-1 for monthly filers?
Correct Answer A. 11th of next month
160
Which GST rate is applicable for restaurant services with AC?
Correct Answer A. 18%
50 Questions
2 Marks Each
Total 100 Marks
Practice Result

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This result is calculated from the current random practice exam set.

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1
What is the due date for filing GSTR-1 for a monthly taxpayer?
Correct Answer A. 11th of next month
2
Which section of GST covers Input Tax Credit?
Correct Answer A. Section 16
3
Which report is used to check pending payments in Tally?
Correct Answer A. Outstanding Report
4
Which shortcut key is used to create a new company in Tally?
Correct Answer A. Alt + F3
5
Which shortcut key is used to display Trial Balance in Tally?
Correct Answer A. Alt + B
6
Which GST rate applies to essential food items?
Correct Answer A. 0%
7
What is the full form of IGST?
Correct Answer A. Integrated Goods and Services Tax
8
Which shortcut key is used to create a new voucher in Tally?
Correct Answer A. F8
9
Which GST form is used for summary return filing?
Correct Answer A. GSTR-3B
10
What is the due date for filing GSTR-3B?
Correct Answer A. 20th of next month
11
What does EWB stand for in GST?
Correct Answer A. E-Way Bill
12
Which tax is levied on the supply of goods and services in India?
Correct Answer A. GST
13
What does TCS stand for in taxation?
Correct Answer A. Tax Collected at Source
14
Which account records the purchase of goods?
Correct Answer A. Purchase Account
15
Which type of invoice is used for unregistered dealers under GST?
Correct Answer A. Bill of Supply
16
What is the GST rate for luxury items?
Correct Answer A. 28%
17
Which return is used for Input Service Distributor?
Correct Answer A. GSTR-6
18
Which shortcut key is used to create a company in Tally Prime?
Correct Answer A. Alt + F3
19
Which account type is 'Fixed Asset'?
Correct Answer A. Real Account
20
Which shortcut key is used to activate GST in Tally?
Correct Answer A. F11
21
Which shortcut key is used to generate E-Way Bill in Tally?
Correct Answer A. Alt + Shift + W
22
Which type of GST is collected by state governments?
Correct Answer A. SGST
23
Which shortcut key is used to open GST Reports in Tally?
Correct Answer A. Alt + G
24
In Tally Prime, which key is used to access the calculator?
Correct Answer A. Ctrl + N
25
Which shortcut key is used to open Stock Summary in Tally?
Correct Answer A. Alt + F12
26
Which GST form is used for annual return filing?
Correct Answer A. GSTR-9
27
Which return is filed for the final GST return after cancellation?
Correct Answer A. GSTR-10
28
Which ledger group does 'Sundry Creditors' belong to?
Correct Answer A. Current Liabilities
29
Which type of GST is applicable for Union Territories?
Correct Answer A. UTGST
30
Which GST form is used for e-commerce operators to collect TCS?
Correct Answer A. GSTR-8
31
What is the maximum late fee for GSTR-3B?
Correct Answer C. ₹50 per day
32
Which type of invoice is used for export sales?
Correct Answer C. Commercial Invoice
33
What is the shortcut key to enable GST in Tally?
Correct Answer A. F11
34
Which GST form is used for non-filers of returns?
Correct Answer A. GSTR-3A
35
What does HSN stand for in GST?
Correct Answer A. Harmonized System of Nomenclature
36
Which return is used for e-commerce operators collecting TCS under GST?
Correct Answer A. GSTR-8
37
Which account group does 'Debtors' belong to?
Correct Answer A. Sundry Debtors
38
Which account type is used for recording GST payable?
Correct Answer A. Duties & Taxes
39
Which GST form is used to make amendments in previously filed returns?
Correct Answer A. GSTR-1A
40
Which document is required for claiming ITC?
Correct Answer A. Tax Invoice
41
Which financial statement displays assets and liabilities?
Correct Answer A. Balance Sheet
42
Which GST return is filed annually by composition taxpayers?
Correct Answer A. GSTR-9A
43
Which GST return is filed for outward supplies?
Correct Answer A. GSTR-1
44
Which form is used to file GSTR-1?
Correct Answer A. Monthly/Quarterly Return for Outward Supplies
45
What is the shortcut key to open Company Features in Tally Prime?
Correct Answer A. F11
46
Which key combination is used to delete an entry in Tally?
Correct Answer A. Alt + D
47
Which shortcut key is used to create a new stock item in Tally Prime?
Correct Answer A. Alt + C
48
Which shortcut key is used to create a ledger in Tally Prime?
Correct Answer A. Alt + C
49
Which Tally feature is used for security control?
Correct Answer A. Security Control in F11
50
Which form is used for GST cancellation?
Correct Answer A. GST REG-16