Question
The Constitution (101st) Amendment Act, 2016 pertains to
which of the following?Solution
The Constitution (101st) Amendment Act, 2016 introduced provisions related to the Goods and Services Tax (GST) in India. It mandates the central government to compensate states for any revenue loss resulting from the implementation of GST for a period of five years. This compensation is provided through an additional cess on specific goods and services under the GST framework.
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Two friends received a bonus of ₹3,000 each in their bank accounts. They already have ₹47,000 and ₹57,000 in their respective bank accounts. The r...
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