The 'GST Council' can be convened by: MCQ with Answer and Explanation

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The 'GST Council' can be convened by:

A. Union Finance Minister

B. President

C. RBI Governor

D. Prime Minister

Answer: Option A

Solution (By JKSSB Mock Tests)

The Union Finance Minister can convene meetings of the GST Council.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'GST Council' secretariat is located in:

A. New Delhi

B. Gandhinagar

C. Mumbai

D. Bengaluru

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Correct Answer: Option A

Explanation:
The GST Council secretariat is located in New Delhi.

This question belongs to: Economy GK Economy Set 1

Question #2

Countervailing duties are imposed to:

A. promote exports

B. restrict foreign investment

C. offset subsidies given by foreign governments to their exporters

D. increase domestic consumption

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Correct Answer: Option C

Explanation:
Countervailing duties offset foreign export subsidies.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'e-way bill' validity is based on:

A. distance to be travelled

B. type of vehicle

C. value of goods

D. number of goods

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Correct Answer: Option A

Explanation:
E-way bill validity depends on the distance of movement.

This question belongs to: Economy GK Economy Set 1

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