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

Question

Share Report Error

The 'Goods and Services Tax' on race club services is:

A. 12%

B. 5%

C. 28%

D. 18%

Answer: Option C

Solution (By JKSSB Mock Tests)

Race club services attract 28% 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 'Child and Adolescent Labour (Prohibition and Regulation) Act' was amended in which year?

A. 2010

B. 2020

C. 2018

D. 2016

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option D

Explanation:
The Child Labour Act was amended in 2016.

This question belongs to: Economy GK Economy Set 1

Question #2

Share Report

The 'Consumer Price Index - Industrial Workers' is compiled by:

A. Labour Bureau

B. CSO

C. RBI

D. NITI Aayog

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
CPI-IW is compiled by the Labour Bureau.

This question belongs to: Economy GK Economy Set 1

Question #3

Share Report

The 'GST Council' can recommend which of the following?

A. taxes to be subsumed under GST

B. corporate tax rates

C. income tax rates

D. customs duties on imports

View Answer & Solution Discuss

Get Complete Subject PDF for Economy GK

Correct Answer: Option A

Explanation:
GST Council recommends taxes to be subsumed and GST rates.

This question belongs to: Economy GK Economy Set 1

Explore All Economy Set 1 MCQs