The 'Goods and Services Tax Identification Number' is a: MCQ with Answer and Explanation

Question

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The 'Goods and Services Tax Identification Number' is a:

A. 12-digit number

B. 15-digit number

C. 16-digit number

D. 10-digit number

Answer: Option B

Solution (By JKSSB Mock Tests)

GSTIN is a 15-digit PAN-based number.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Employees' State Insurance Act' applies to factories employing how many or more persons?

A. 20

B. 50

C. 10

D. 5

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Correct Answer: Option C

Explanation:
ESI Act applies to factories employing 10 or more persons, with some state variations.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Goods and Services Tax' on cheese is:

A. 5%

B. 18%

C. 28%

D. 12%

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Correct Answer: Option D

Explanation:
Cheese attracts 12% GST.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Goods and Services Tax' on toll charges is:

A. exempt

B. 18%

C. 0%

D. 5%

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Correct Answer: Option A

Explanation:
Toll charges are exempt from GST.

This question belongs to: Economy GK Economy Set 1

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