The 'GST Suvidha Provider' is an entity that: MCQ with Answer and Explanation

The 'GST Suvidha Provider' is an entity that:
A. sets GST rates
B. makes GST law
C. collects GST
D. provides IT solutions for GST compliance
Answer: Option D
Solution (By JKSSB Mock Tests)
GST Suvidha Providers offer IT applications for GST compliance.

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Practice More Economy Set 1 Questions

Question #1
The 'Tea Board of India' is headquartered in:
A. Delhi
B. Kolkata
C. Mumbai
D. Chennai

Correct Answer: Option B


Explanation:
The Tea Board of India is headquartered in Kolkata.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'General Agreement on Trade in Services' came into force in which year?
A. 1994
B. 2005
C. 1995
D. 2000

Correct Answer: Option C


Explanation:
GATS came into force in 1995 as part of WTO agreements.

This question belongs to: Economy GK Economy Set 1
Question #3
In the context of the future of work, 'Platform Work' is characterised by:
A. Only agricultural work
B. Only public-sector employment
C. Work organised through digital platforms that match workers with clients or tasks, often on a short-term or on-demand basis
D. Only traditional permanent employment

Correct Answer: Option C


Explanation:
Platform work is labour provided through, on or mediated by digital platforms, typically characterised by short-term tasks, algorithmic management and a triangular relationship between platform, worker and client.

This question belongs to: Economy GK Economy Set 1