The 'Goods and Services Tax' on intellectual property rights services is: MCQ with Answer and Explanation

Question

Share Report Error

The 'Goods and Services Tax' on intellectual property rights services is:

A. 12%

B. 28%

C. 18%

D. 5%

Answer: Option C

Solution (By JKSSB Mock Tests)

IPR services attract 18% 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

The call money market deals in:

A. long-term government securities

B. very short-term interbank funds, usually overnight

C. foreign exchange only

D. corporate equity shares

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
The call money market deals in very short-term interbank funds, often overnight.

This question belongs to: Economy GK Economy Set 1

Question #2

Share Report

The 'Union Budget' is presented in Parliament by the:

A. Prime Minister

B. President

C. Finance Secretary

D. Finance Minister

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
The Union Budget is presented by the Finance Minister.

This question belongs to: Economy GK Economy Set 1

Question #3

Share Report

The 'International Centre for Settlement of Investment Disputes' is a member of the:

A. WTO

B. World Bank Group

C. IMF

D. United Nations

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
ICSID is part of the World Bank Group.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs