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

Question

Share Report Error

The 'Goods and Services Tax' on internet services is:

A. 28%

B. 5%

C. 12%

D. 18%

Answer: Option D

Solution (By JKSSB Mock Tests)

Internet 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

Which of the following is an example of a positive externality in production?

A. Pollution from a factory

B. Noise from an airport

C. Congestion on public roads

D. Bee-keeping near an apple orchard

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
Bee-keeping provides pollination benefits to nearby apple orchards without compensation, representing a positive production externality.

This question belongs to: Economy GK Economy Set 1

Question #2

Share Report

The 'United Nations Conference on Trade and Development' is headquartered in:

A. New York

B. Rome

C. Geneva

D. Vienna

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
UNCTAD is headquartered in Geneva, Switzerland.

This question belongs to: Economy GK Economy Set 1

Question #3

Share Report

The 'New Development Bank' headquarters is in:

A. New Delhi

B. Moscow

C. Beijing

D. Shanghai

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
NDB headquarters is in Shanghai.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs