The 'Goods and Services Tax' on telecommunication towers is: MCQ with Answer and Explanation

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The 'Goods and Services Tax' on telecommunication towers is:

A. 5%

B. 18%

C. 28%

D. 12%

Answer: Option B

Solution (By JKSSB Mock Tests)

Telecommunication tower services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

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

A. 5%

B. 18%

C. exempt

D. 0%

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Correct Answer: Option C

Explanation:
PFRDA services are exempt from GST.

This question belongs to: Economy GK Economy Set 1

Question #2

Which of the following is a flow variable?

A. Money supply

B. Wealth

C. GDP

D. Capital stock

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Correct Answer: Option C

Explanation:
GDP is measured over a period of time and is a flow variable.

This question belongs to: Economy GK Economy Set 1

Question #3

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

A. 18%

B. 28%

C. 5%

D. 12%

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Correct Answer: Option A

Explanation:
Software services attract 18% GST.

This question belongs to: Economy GK Economy Set 1

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