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

Question

Share Report Error

The 'Goods and Services Tax' on health care services is:

A. 0%

B. 5%

C. 18%

D. exempt

Answer: Option D

Solution (By JKSSB Mock Tests)

Health care services are exempt from 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

Share Report

Which of the following is a characteristic of the 'Solow Residual'?

A. It is always equal to zero

B. It measures only the contribution of labour

C. It measures only the contribution of capital

D. It measures the contribution of total factor productivity growth to output growth

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
The Solow residual is the part of output growth that remains after accounting for the contributions of capital and labour inputs; it is commonly interpreted as a measure of total factor productivity growth.

This question belongs to: Economy GK Economy Set 1

Question #2

Share Report

The 'Financial Literacy' in India is promoted by RBI through:

A. financial education initiatives and awareness campaigns

B. import duties

C. tax collection

D. stock exchanges

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
RBI promotes financial literacy through various campaigns and initiatives.

This question belongs to: Economy GK Economy Set 1

Question #3

Share Report

The 'National Stock Exchange' was established in:

A. 1995

B. 1875

C. 1992

D. 2000

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
NSE was established in 1992.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs