The 'Goods and Services Tax' on air freight is: MCQ with Answer and Explanation

Question

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The 'Goods and Services Tax' on air freight is:

A. 28%

B. 12%

C. 18%

D. 5%

Answer: Option C

Solution (By JKSSB Mock Tests)

Air freight services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Special Officer for Linguistic Minorities' is appointed under which article?

A. Article 352

B. Article 360

C. Article 350B

D. Article 365

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Correct Answer: Option C

Explanation:
Special Officer for Linguistic Minorities is appointed under Article 350B.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Paris Agreement' on climate change was adopted in which year?

A. 2015

B. 2016

C. 2012

D. 2018

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Correct Answer: Option A

Explanation:
The Paris Agreement was adopted in 2015.

This question belongs to: Economy GK Economy Set 1

Question #3

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The primary market deals with:

A. only government bonds

B. foreign currency

C. trading of existing shares

D. new issue of securities

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Correct Answer: Option D

Explanation:
The primary market deals with the issuance of new securities.

This question belongs to: Economy GK Economy Set 1

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