The 'Goods and Services Tax' on online education courses is: MCQ with Answer and Explanation

Question

Share Report Error

The 'Goods and Services Tax' on online education courses is:

A. 0%

B. 18%

C. 12%

D. 5%

Answer: Option B

Solution (By JKSSB Mock Tests)

Online education courses generally 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

The 'Goods and Services Tax' on ready-to-move-in property is:

A. 12%

B. not applicable

C. 5%

D. 18%

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
Ready-to-move-in property is not subject to GST.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Agreement on Agriculture' under WTO covers:

A. intellectual property

B. domestic support, market access and export subsidies in agriculture

C. industrial subsidies

D. banking regulation

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option B

Explanation:
The WTO Agreement on Agriculture covers domestic support, market access and export subsidies.

This question belongs to: Economy GK Economy Set 1

Question #3

Which of the following is a desirable characteristic of money?

A. Perishability

B. Unlimited supply

C. Durability, portability, divisibility and limited supply

D. Difficulty in storage

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option C

Explanation:
Good money should be durable, portable, divisible, uniform, recognisable and relatively scarce so that it can effectively perform its functions.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs