The 'Goods and Services Tax' on hotel rooms with tariff below Rs 1,000 is: MCQ with Answer and Explanation

Question

Share Report Error

The 'Goods and Services Tax' on hotel rooms with tariff below Rs 1,000 is:

A. 5%

B. 18%

C. 0%

D. 12%

Answer: Option C

Solution (By JKSSB Mock Tests)

Hotel rooms below Rs 1,000 tariff 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

The 'Department for Promotion of Industry and Internal Trade' is under which ministry?

A. Ministry of Commerce and Industry

B. Ministry of MSME

C. Ministry of Heavy Industries

D. Ministry of Finance

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
DPIIT is under the Ministry of Commerce and Industry.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'currency chests' in India are operated by:

A. treasury departments

B. post offices

C. RBI only

D. banks on behalf of RBI

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
Currency chests are operated by selected banks on behalf of the RBI for currency storage and distribution.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' on dance and music performances is:

A. 18%

B. 12%

C. 0%

D. 5%

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
Dance and music performances generally attract 18% GST, with some exemptions.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs