The 'Goods and Services Tax' on services by the United Nations and international organizations is: MCQ with Answer and Explanation

The 'Goods and Services Tax' on services by the United Nations and international organizations is:
A. 0%
B. exempt
C. 5%
D. 18%
Answer: Option B
Solution (By JKSSB Mock Tests)
Services by UN and specified international organizations are exempt from GST.

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Economy Set 1 Questions

Question #1
If the reserve ratio is 10%, the simple deposit/money multiplier is:
A. 5
B. 100
C. 10
D. 20

Correct Answer: Option C


Explanation:
Money multiplier = 1/reserve ratio = 1/0.10 = 10.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Pradhan Mantri Jan Arogya Yojana' is the health insurance component of:
A. Digital India
B. Startup India
C. Skill India
D. Ayushman Bharat

Correct Answer: Option D


Explanation:
PM-JAY is the insurance component of Ayushman Bharat.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Environment Protection Act' was enacted in which year?
A. 1997
B. 1986
C. 1991
D. 1980

Correct Answer: Option B


Explanation:
The Environment Protection Act was enacted in 1986.

This question belongs to: Economy GK Economy Set 1