With reference to GST Council, consider the following statements
I. It is considered as a federal body where both the Centre and the states get due representation.
II. Both the Union and the state have equal voting weightage in decision making.
III. Council's decisions are recommendatory in nature.
Which of the following statements is/are correct?
It is a constitutional body under Article 279A, introduced by the Constitution (One Hundred and First Amendment) Act, 2016. It is empowered to modify, reconcile or to procure any law or regulation based on the context of GST in India. It is also considered as a federal body where both the centre and the states get due representation. Functions: It makes recommendations to the Union and State Government on issues related to GST. Composition Chairperson: Union Finance Minister. Members: Union State Minister of Revenue or Finance and Ministers in-charge of Finance or Taxation of all the States. Every decision of the GST Council shall be taken at a meeting by a majority of not less than three-fourths of the weighted votes of the members present and voting, in accordance with the following principles, namely: Vote of the Central Government shall have a weightage of one third of the total votes cast. Votes of all the State Governments taken together shall have a Weightage of two-thirds of the total votes cast, in that meeting.
Bimbisara was the founder of which one of the following dynasties?
The volume of a solid cube is 2197 m3. If whole cube is to be painted at a rate of Rs. 8 per m2, then what will be the cost of pai...
The Employees' State Insurance Corporation is established by:
Which of the following are part of transfer payments?
1. Remittances received by people residing in India
2. Imported Petro-Chemical pr...
Factories employing more than ______ workers are required to provide canteen facilities.
Which of the following sets of countries has only federations?
A person and his wife appear in the interview for the two vacancies of a post. The probability of the selection of the husband and that of the wife are ...
Where are the maximum numbers of major ports located in India?
Consider the following statements:
1. Kaziranga National Park is a World Heritage Site recognized by the UNESCO.
2. Kaziranga National P...
Consider the following statements about first meeting of the Constituent Assembly:
1. The first meeting of the Constituent Assembly was held befo...