Question
Which among the following regarding GST is
correct?Solution
Goods & Services Tax Council is a constitutional body for making recommendations to the Union and State Government on issues related to Goods and Service Tax. The GST in the country was introduced through the 101st amendment. As of October 2019, the Centre will own a 50% stake in the GST Network and the remainder will be held by the states on a pro-rata basis in the new structure.
Which of the following best defines inflation?
The production function of a firm is a relationship between which two factors?Â
As per the Income Tax Act of 1961, Section 115JB, the Minimum Alternate Tax (MAT) is calculated at what percentage of the book profit?Â
Which is the parameter for the economic development ?
An increase of 1% per annum in the growth rate of the money supply will increase inflation by:Â
Which of the following institutions have wrote the book ‘Healthy Recipes for Defence’?
Which of the following is not an investment expenditure in goods and services?
In which year was the Fiscal Responsibility and Budget Management (FRBM) Act enacted?
What philosophical concept was introduced by Basavanna in the 12th century?
 In which Union Budget was the formation of MUDRA Bank announced?
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