The 'Goods and Services Tax Council' is a constitutional body under which article? MCQ with Answer and Explanation

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The 'Goods and Services Tax Council' is a constitutional body under which article?

A. Article 324

B. Article 279A

C. Article 356

D. Article 280

Answer: Option B

Solution (By JKSSB Mock Tests)

The GST Council is constituted under Article 279A.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'European Central Bank' is headquartered in:

A. Frankfurt

B. Paris

C. Brussels

D. Berlin

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Correct Answer: Option A

Explanation:
The European Central Bank is headquartered in Frankfurt, Germany.

This question belongs to: Economy GK Economy Set 1

Question #2

The guiding philosophy of NITI Aayog is:

A. import substitution

B. centralized planning

C. cooperative federalism

D. command economy

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Correct Answer: Option C

Explanation:
NITI Aayog works on the principle of cooperative federalism.

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Question #3

The 'Estimates Committee' in Parliament examines:

A. CAG reports

B. budget estimates and efficiency of expenditure

C. judicial appointments

D. foreign policy

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Correct Answer: Option B

Explanation:
Estimates Committee examines budget estimates and efficiency of expenditure.

This question belongs to: Economy GK Economy Set 1

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