The 'Goods and Services Tax' on courier services is: MCQ with Answer and Explanation

Question

Share Report Error

The 'Goods and Services Tax' on courier services is:

A. 12%

B. 5%

C. 28%

D. 18%

Answer: Option D

Solution (By JKSSB Mock Tests)

Courier services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1

The 'Goods and Services Tax' on cheese is:

A. 5%

B. 28%

C. 12%

D. 18%

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
Cheese attracts 12% GST.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Rupay Kisan Card' is a:

A. gift card

B. credit card

C. forex card

D. debit card for farmers

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
Rupay Kisan Card is a debit card for farmers.

This question belongs to: Economy GK Economy Set 1

Question #3

The concept of 'Feldstein-Horioka Puzzle' refers to:

A. The observation that domestic saving and domestic investment are highly correlated despite capital mobility

B. The observation that saving and investment are completely uncorrelated

C. The puzzle of purchasing power parity deviations only

D. The puzzle of why interest rates are equalised

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
The Feldstein-Horioka puzzle is the empirical finding of a high correlation between domestic saving and domestic investment rates, which appears inconsistent with perfect international capital mobility.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs