The 'Goods and Services Tax' on e-commerce operators is: MCQ with Answer and Explanation

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The 'Goods and Services Tax' on e-commerce operators is:

A. not applicable

B. they collect tax at source

C. only 18%

D. only 5%

Answer: Option B

Solution (By JKSSB Mock Tests)

E-commerce operators collect tax at source under GST.

This question belongs to: Economy GK Economy Set 1

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Question #1

Which of the following is not a member of the NITI Aayog Governing Council?

A. Prime Minister

B. Lieutenant Governors of union territories

C. RBI Governor

D. Chief Ministers of states

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Correct Answer: Option C

Explanation:
The RBI Governor is not a member of the NITI Aayog Governing Council.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is not a priority sector category?

A. Agriculture

B. Education

C. Micro enterprises

D. Housing loans above Rs 50 crore

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Correct Answer: Option D

Explanation:
Very large housing loans above prescribed limits are not part of priority sector lending.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Census of India' 2011 was the how many-th census?

A. 17th

B. 16th

C. 15th

D. 13th

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Correct Answer: Option C

Explanation:
Census 2011 was the 15th Census of India.

This question belongs to: Economy GK Economy Set 1

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