• Statement 1 is correct: The direct taxes, consisting mainly of corporate and personal income tax, constitute around 55 per cent of Gross tax revenue. The contribution of different taxes in GTR (FY23 BE) are: 
• Statement 2 is Incorrect: GST collections have been a major source of revenue. They have been on the rise crossing 1.49 lakh cr in 2022 from 0.90 lakh cr in 2018. However, contrary to the trend year 2021 saw a dip in collections. This is better shown below: 
What is a VPN (Virtual Private Network) used for in cybersecurity?
How many whitespace characters are allowed in C language?
Which OWASP Top 10 vulnerability involves exploiting the lack of proper input validation and output encoding to inject malicious scripts into web pages...
What is the main purpose of the parity bit in error detection?
Which number system is commonly used in mathematics and everyday life?
Man-in-the-middle attack can endanger security of Diffie-Hellman method if two parties are not
How many different 3-letter words can be formed using the letters from the word "HATE2023"?
Which of the following is not true about OLTP?
What is the primary advantage of using public key cryptography over symmetric key cryptography?
What is a serializable schedule in concurrency control?
