Question
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?Solution
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.
If HOT = 81520 and HEAT = 85120, then HEATER =
'336' is related to '56' following a certain logic. Following the same logic, '624' is related to '104'. To which of the following is '270' related, fol...
Bird : Fly :: Lion ::Â ?
Identify the number, which when added to itself 10 times gives 242.
Select the option that is related to third letter cluster in the same way as second letter cluster is related to first letter cluster.
NIL: SNQ :: GAP: ?
If 87 # 95 = 101 and 48 # 84 = 64, then 68 # 87 = ?Â
Select the option that is related to fifth term in the same way as the second term is related to the first term and the fourth term is related to the th...
If 5459 = 450, 2485 = 160 and 8763 = 504, then 3474 = __.Â
Select the combination of the letters that when placed sequentially in the blanks of the given letter series will complete the series.
_ f _ g _ ...
Select the option that is related to third cluster in the same way first cluster is related to second cluster.
NAP: 93 :: DEAF: ?