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

Question

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The 'Goods and Services Tax' on data processing services is:

A. 12%

B. 5%

C. 18%

D. 28%

Answer: Option C

Solution (By JKSSB Mock Tests)

Data processing services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'per capita income' is calculated by dividing national income by:

A. number of households

B. working population

C. total population

D. labour force

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Correct Answer: Option C

Explanation:
Per capita income is national income divided by total population.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Code on Social Security' was passed in which year?

A. 2019

B. 2022

C. 2021

D. 2020

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Correct Answer: Option D

Explanation:
The Code on Social Security was passed in 2020.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Agricultural Produce Market Committee' is a:

A. central government body

B. statutory body under state APMC Act

C. private market

D. cooperative society

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Correct Answer: Option B

Explanation:
APMCs are statutory market committees established under state APMC Acts.

This question belongs to: Economy GK Economy Set 1

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