The 'Operation Flood' was launched in which year? MCQ with Answer and Explanation

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The 'Operation Flood' was launched in which year?

A. 1980

B. 1975

C. 1970

D. 1965

Answer: Option C

Solution (By JKSSB Mock Tests)

Operation Flood was launched in 1970.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Central Goods and Services Tax Act' was passed in which year?

A. 2018

B. 2016

C. 2017

D. 2015

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Correct Answer: Option C

Explanation:
CGST Act was passed in 2017.

This question belongs to: Economy GK Economy Set 1

Question #2

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The 'Goods and Services Tax' rate on cement is:

A. 5%

B. 12%

C. 18%

D. 28%

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Correct Answer: Option D

Explanation:
Cement attracts 28% GST.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Goods and Services Tax' on horse racing is:

A. 28%

B. 12%

C. 5%

D. 18%

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Correct Answer: Option A

Explanation:
Horse racing services attract 28% GST.

This question belongs to: Economy GK Economy Set 1

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