The 'Goods and Services Tax' Council decisions are implemented by: MCQ with Answer and Explanation

The 'Goods and Services Tax' Council decisions are implemented by:
A. RBI
B. SEBI
C. Supreme Court
D. central and state governments through respective GST laws
Answer: Option D
Solution (By JKSSB Mock Tests)
Central and state governments implement GST Council recommendations through their GST laws.

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Practice More Economy Set 1 Questions

Question #1
The 'Tea Board of India' is headquartered in:
A. Kolkata
B. Chennai
C. Delhi
D. Mumbai

Correct Answer: Option A


Explanation:
The Tea Board of India is headquartered in Kolkata.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Ease of Doing Business Report' was published by:
A. IMF
B. UNCTAD
C. WTO
D. World Bank

Correct Answer: Option D


Explanation:
The Ease of Doing Business Report was published by the World Bank.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Goods and Services Tax' on tobacco products is:
A. 28% plus cess
B. 0%
C. 18%
D. 12%

Correct Answer: Option A


Explanation:
Tobacco products attract 28% GST plus additional cess.

This question belongs to: Economy GK Economy Set 1