The 'Goods and Services Tax' on freight transport by road is: MCQ with Answer and Explanation

Explanation:
Transfer payments are unilateral payments for which no goods or services are received in return, such as pensions, scholarships and unemployment allowances. Interest on borrowings is also a transfer, but pension is a classic example.

Explanation:
CAG submits audit reports to the President or Governor.

Explanation:
Credit rationing is a qualitative (selective) credit control measure. Bank Rate, OMO and variable reserve ratios (CRR/SLR) are quantitative measures.