The 'Goods and Services Tax' on digital products such as e-books is: MCQ with Answer and Explanation

Question

Share Report Error

The 'Goods and Services Tax' on digital products such as e-books is:

A. 0%

B. 12%

C. 5%

D. 18%

Answer: Option C

Solution (By JKSSB Mock Tests)

E-books and digital products attract 5% 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 'Central Board of Direct Taxes' administers:

A. GST

B. customs duty

C. excise duty

D. income tax and corporate tax

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
CBDT administers direct taxes like income tax and corporate tax.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Bank of Calcutta' was established in which year?

A. 1840

B. 1770

C. 1865

D. 1806

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
The Bank of Calcutta, later Bank of Bengal, was established in 1806.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'National Digital Library of India' provides:

A. land records

B. passport services

C. banking services

D. digital educational resources

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
National Digital Library of India provides digital educational resources.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs