The e-way bill under GST is required for the movement of goods with a value exceeding: MCQ with Answer and Explanation

The e-way bill under GST is required for the movement of goods with a value exceeding:
A. Rs 2,00,000
B. Rs 1,00,000
C. Rs 50,000
D. Rs 10,000
Answer: Option C
Solution (By JKSSB Mock Tests)
An e-way bill is required for movement of goods valued above Rs 50,000.

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Practice More Economy Set 1 Questions

Question #1
The 'corruption perception index' is published by:
A. WEF
B. World Bank
C. Transparency International
D. IMF

Correct Answer: Option C


Explanation:
Transparency International publishes the Corruption Perceptions Index.

This question belongs to: Economy GK Economy Set 1
Question #2
The sacrifice ratio measures:
A. the ratio of exports to imports
B. the ratio of tax revenue to GDP
C. the cost of inflation in terms of lost output
D. the cost of unemployment in terms of inflation

Correct Answer: Option C


Explanation:
The sacrifice ratio is the cumulative output loss required to reduce inflation by one percentage point.

This question belongs to: Economy GK Economy Set 1
Question #3
In the context of the Indian economy, the demographic dividend can be harnessed through:
A. Increasing the dependency ratio
B. Reducing the labour force participation rate
C. Raising the fertility rate continuously
D. Investing in education, skill development and job creation for the working-age population

Correct Answer: Option D


Explanation:
To realise the demographic dividend, a country must invest in human capital and create productive employment opportunities for its large working-age population.

This question belongs to: Economy GK Economy Set 1