The 'Goods and Services Tax' on services provided by journalists is: MCQ with Answer and Explanation

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The 'Goods and Services Tax' on services provided by journalists is:

A. 0%

B. 12%

C. 5%

D. 18%

Answer: Option D

Solution (By JKSSB Mock Tests)

Journalist services attract 18% GST unless exempt.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

The 'Jamaica Accords' of 1976 formally recognized:

A. a single world currency

B. the gold standard

C. the euro currency

D. floating exchange rates

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Correct Answer: Option D

Explanation:
The Jamaica Accords formalized floating exchange rates.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Total Fertility Rate' is the average number of children born to a woman over her lifetime.

A. Only for working women

B. Only for urban women

C. False

D. True

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Correct Answer: Option D

Explanation:
Total fertility rate is the average number of children a woman would have during her reproductive life.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Goods and Services Tax' on passenger transport by air-conditioned buses is:

A. 5%

B. 12%

C. 0%

D. 18%

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Correct Answer: Option A

Explanation:
AC bus passenger transport attracts 5% GST.

This question belongs to: Economy GK Economy Set 1

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