Who is the chairman of GST council? (A) RBI Governor (B) Prime Minister (C) Finance secretary (D) Finance Minister

Who is the chairman of GST council?
(A) RBI Governor (B) Prime Minister (C) Finance secretary (D) Finance Minister
by

1 Answer

Answer :

(D) Finance Minister
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Related questions

Who is the chairman of GST committee of state finance ministers? (A) Amit Mitra (B) Amit kohli (C) Amit Sastri (D) Amit Malhodra

Description : Who is the chairman of GST committee of state finance ministers? (A) Amit Mitra (B) Amit kohli (C) Amit Sastri (D) Amit Malhodra

Last Answer : (A) Amit Mitra

GST council formation based on Article number– (A) 279A (B) 289A (C) 266A (D) 255A

Description : GST council formation based on Article number– (A) 279A (B) 289A (C) 266A (D) 255A

Last Answer : (A) 279A

In India, the GST Council has come out with a four-rate structure. They are? (A) 5%, 12%, 18% and 24% (B) 5%, 12%, 18% and 26% (C) 5%, 12%, 18% and 28% (D) 5%, 12%, 16% and 28%

Description : In India, the GST Council has come out with a four-rate structure. They are? (A) 5%, 12%, 18% and 24% (B) 5%, 12%, 18% and 26% (C) 5%, 12%, 18% and 28% (D) 5%, 12%, 16% and 28%

Last Answer : (C) 5%, 12%, 18% and 28%

Which article spells formation of GST Council? (A) 270 (B) 246A (2) (C) 269A (1) (D) 279A (

Description : Which article spells formation of GST Council? (A) 270 (B) 246A (2) (C) 269A (1) (D) 279A (

Last Answer : (A) 270

Who is the head of the GST council? (A) Shashi Kant Das (B) Amit Mitra (C) Arun Jaitley (D) Hasmukh Adhia

Description : Who is the head of the GST council? (A) Shashi Kant Das (B) Amit Mitra (C) Arun Jaitley (D) Hasmukh Adhia

Last Answer : (C) Arun Jaitley

The headquarters of GST council is located at– (A) New Delhi (B) Lucknow (C) Ahmadabad (D) Mumbai

Description : The headquarters of GST council is located at– (A) New Delhi (B) Lucknow (C) Ahmadabad (D) Mumbai

Last Answer : (A) New Delhi

Under GST, Smartphones will be taxed at ................... per cent. (A) 14% (B) 12% (C) 18% (D) 5%

Description : Under GST, Smartphones will be taxed at ................... per cent. (A) 14% (B) 12% (C) 18% (D) 5%

Last Answer : (B) 12%

Under which Act GST was introduced? (A) 100 (B) 101 (C) 102 (D) 103

Description : Under which Act GST was introduced? (A) 100 (B) 101 (C) 102 (D) 103

Last Answer : (B) 101

The Central Board of Excise and Customs (CBE(C) announced that every year ................... will be considered as GST Day. (A) April 1 (B) March 1 (C) June 1 (D) July 1

Description : The Central Board of Excise and Customs (CBE(C) announced that every year ................... will be considered as GST Day. (A) April 1 (B) March 1 (C) June 1 (D) July 1

Last Answer : (D) July 1

Indian GST model has how many bands of tax rates? (A) 2 (B) 3 (C) 4 (D) 5

Description : Indian GST model has how many bands of tax rates? (A) 2 (B) 3 (C) 4 (D) 5

Last Answer : (C) 4

GST is a ................... based tax on consumption of goods and services. (A) Origin (B) Destiny (C) Development (D) Destination

Description : GST is a ................... based tax on consumption of goods and services. (A) Origin (B) Destiny (C) Development (D) Destination

Last Answer : (D) Destination

A special purpose vehicle ................... has been launched to cater the needs of GST. (A) GSTS (B) GSTR (C) GSTM (D) GSTN

Description : A special purpose vehicle ................... has been launched to cater the needs of GST. (A) GSTS (B) GSTR (C) GSTM (D) GSTN

Last Answer : (D) GSTN

GST was introduced as the ................... amendment Act. A 100 (B) 101 (C) 102 (D) 103

Description : GST was introduced as the ................... amendment Act. A 100 (B) 101 (C) 102 (D) 103

Last Answer : (B) 101

India has chosen ................... model of dual-GST? (A) Canadian (B) Cuba (C) Belize (D) Nicaragua

Description : India has chosen ................... model of dual-GST? (A) Canadian (B) Cuba (C) Belize (D) Nicaragua

Last Answer : (A) Canadian

Which of the following tax will be abolished by the GST? (A) Service Tax (B) Income Tax (C) Wealth Tax (D) Corporation tax

Description : Which of the following tax will be abolished by the GST? (A) Service Tax (B) Income Tax (C) Wealth Tax (D) Corporation tax

Last Answer : (A) Service Tax

What kind of Tax is GST? (A) Direct Tax (B) Indirect Tax (C) Depends on the type of goods and services (D) None of the above

Description : What kind of Tax is GST? (A) Direct Tax (B) Indirect Tax (C) Depends on the type of goods and services (D) None of the above

Last Answer : (B) Indirect Tax

Which country has the second-highest GST rate of 27%? (A) Colombia (B) Brazil (C) Argentina (D) Chile

Description : Which country has the second-highest GST rate of 27%? (A) Colombia (B) Brazil (C) Argentina (D) Chile

Last Answer : (C) Argentina

How many types of GST in India? (A) 2 (B) 3 (C) 4 (D) 5

Description : How many types of GST in India? (A) 2 (B) 3 (C) 4 (D) 5

Last Answer : (B) 3

GST comes under which amendment bill? (A) 118 (B) 120 (C) 122 (D) 115

Description : GST comes under which amendment bill? (A) 118 (B) 120 (C) 122 (D) 115

Last Answer : (C) 122

In India GST came affective from July 1st, 2017, India has chosen ................... model of dual – GST. (A) USA (B) UK (C) Canadian (D) China

Description : In India GST came affective from July 1st, 2017, India has chosen ................... model of dual – GST. (A) USA (B) UK (C) Canadian (D) China

Last Answer : C) Canadian

The country with highest GST Rate in the world is– (A) USA (B) India (C) China (D) Greece

Description : The country with highest GST Rate in the world is– (A) USA (B) India (C) China (D) Greece

Last Answer : (B) India

Which constitutional amendment is done to pass the GST bill? (A) 101st (B) 120th (C) 122nd (d) 115th

Description : Which constitutional amendment is done to pass the GST bill? (A) 101st (B) 120th (C) 122nd (d) 115th

Last Answer : (A) 101st

What kind of Tax is GST? (A) Direct Tax (B) Indirect Tax (C) Depends on the type of goods and services (D) None of the above What kind of Tax is GST? (A) Direct Tax (B) Indirect Tax (C) Depends on the type of goods and services (D) None of the above

Description : What kind of Tax is GST? (A) Direct Tax (B) Indirect Tax (C) Depends on the type of goods and services (D) None of the above

Last Answer : (B) Indirect Tax

GST will be levied on– (A) Manufacturers (B) Retailers (C) Consumers (D) All of the above

Description : GST will be levied on– (A) Manufacturers (B) Retailers (C) Consumers (D) All of the above

Last Answer : (D) All of the above

Which of the following tax will be abolished by the GST? (A) Service Tax (B) Corporation tax (C) Income Tax (D) Wealth Tax

Description : Which of the following tax will be abolished by the GST? (A) Service Tax (B) Corporation tax (C) Income Tax (D) Wealth Tax

Last Answer : (A) Service Tax

How many countries have dual – GST model? (A) 5 (B) 8 (C) 10 (D) None of these

Description : How many countries have dual – GST model? (A) 5 (B) 8 (C) 10 (D) None of these

Last Answer : (D) None of these

Presently how many countries have implemented GST? (A) 102 (B) 120 (C) 140 (D) 160

Description : Presently how many countries have implemented GST? (A) 102 (B) 120 (C) 140 (D) 160

Last Answer : (D) 160

In which year GST was first introduced in India? (A) 2000 (B) 2002 (C) 2004 (D) 2006

Description : In which year GST was first introduced in India? (A) 2000 (B) 2002 (C) 2004 (D) 2006

Last Answer : (A) 2000

Which state became the first state of India to ratify GST bill? (A) Bihar (B) Telangana (C) Assam (D) Andhra Pradesh

Description : Which state became the first state of India to ratify GST bill? (A) Bihar (B) Telangana (C) Assam (D) Andhra Pradesh

Last Answer : (C) Assam

Which of the following country is the first one to implement GST? (A) USA (B) France (C) China (D) Switzerland

Description : Which of the following country is the first one to implement GST? (A) USA (B) France (C) China (D) Switzerland

Last Answer : (B) France

The concept of Goods and Services Tax (GST) is originated in– (A) Canada (B) USA (C) Britain (D) Germany

Description : The concept of Goods and Services Tax (GST) is originated in– (A) Canada (B) USA (C) Britain (D) Germany

Last Answer : (A) Canada

Who is responsible for presenting the Union Budget before the Parliament? A. Prime Minister B. Finance Minister C. RBI Governor D. none of the above

Description : Who is responsible for presenting the Union Budget before the Parliament? A. Prime Minister B. Finance Minister C. RBI Governor D. none of the above

Last Answer : B. Finance Minister

Who presides over the National Development Council of India? (A) Chairman of the Planning Commission of India. (B) Prime Minister of India. (C) Finance Minister of India. (D) Vice-President of India.

Description : Who presides over the National Development Council of India? (A) Chairman of the Planning Commission of India. (B) Prime Minister of India. (C) Finance Minister of India. (D) Vice-President of India.

Last Answer : (B) Prime Minister of India.

Who is Ex-officio Chairman of Planning Commission and National Development Council of India? (A) Prime Minister (B) President (C) Finance Minister (D) Vice-President

Description : Who is Ex-officio Chairman of Planning Commission and National Development Council of India? (A) Prime Minister (B) President (C) Finance Minister (D) Vice-President

Last Answer : (A) Prime Minister

Who presides over the National Development Council of India? (A) Chairman of the Planning Commission of India. (B) Prime Minister of India. (C) Finance Minister of India. (D) Vice-President of India.

Description : Who presides over the National Development Council of India? (A) Chairman of the Planning Commission of India. (B) Prime Minister of India. (C) Finance Minister of India. (D) Vice-President of India.

Last Answer : (B) Prime Minister of India.

GSTN comes under which Act? (A) Banking Regulation Act 1949 (B) RBI Act 1934 (C) Indian Partnership Act, 1932 (D) Companies Act, 2013 (Ans : D) 45. Combined Stake of Central and State Government in GSTN is– (A) 20% (B) 25% (C) 49% (D) 51%

Description : GSTN comes under which Act? (A) Banking Regulation Act 1949 (B) RBI Act 1934 (C) Indian Partnership Act, 1932 (D) Companies Act, 2013 (Ans : D) 45. Combined Stake of Central and State Government in GSTN is– (A) 20% (B) 25% (C) 49% (D) 51%

Last Answer : (C) 49%

Which of the following statements is not correct in relation to Dr. Manmohan Singh? (1) Former Finance Minister (2) Former Governor of RBI (3) Former Representative of India in International Monetary Fund (4) Member of Rajya Sabha

Description : Which of the following statements is not correct in relation to Dr. Manmohan Singh? (1) Former Finance Minister (2) Former Governor of RBI (3) Former Representative of India in International Monetary Fund (4) Member of Rajya Sabha

Last Answer : (3) Former Representative of India in International Monetary Fund Explanation: Dr. Manmohan Singh Rajya Sabha MP and was former finance minister, former governor of RBI.

Who is the signatory on the Indian currency notes in denomination of two rupees and above? (1) Secretary, Reserve Bank of India (2) Finance Secretary, Minister of Finance (3) Governor, Reserve Bank of India (4) Finance Minister, Ministry of Finance

Description : Who is the signatory on the Indian currency notes in denomination of two rupees and above? (1) Secretary, Reserve Bank of India (2) Finance Secretary, Minister of Finance (3) Governor, Reserve Bank of India (4) Finance Minister, Ministry of Finance

Last Answer : (3) Governor, Reserve Bank of India

One-rupee currency note in India bears the signature of (A) The President of India (B) Finance Minister of India (C) Governor, Reserve Bank of India (D) Finance Secretary of Government of India

Description : One-rupee currency note in India bears the signature of (A) The President of India (B) Finance Minister of India (C) Governor, Reserve Bank of India (D) Finance Secretary of Government of India

Last Answer : (D) Finance Secretary of Government of India

Only one of the following can be the exofficio Chairman of the Planning Commission. He is the – (1) Minister for Planning and Development (2) Home Minister (3) Prime Minister (4) Finance Minister

Description : Only one of the following can be the exofficio Chairman of the Planning Commission. He is the – (1) Minister for Planning and Development (2) Home Minister (3) Prime Minister (4) Finance Minister

Last Answer : (3) Prime Minister Explanation: The composition of the Commission has undergone a lot of change since its inception. With the Prime Minister as the exofficio Chairman, the commission has a ... full Cabinet Minister. Mr. Montek Singh Ahluwalia is presently the Depuly Chairman of the Commission.

Who is the Chairman of Planning Commission? (1) President (2) Prime Minister (3) Finance Minister (4) Vice-President

Description : Who is the Chairman of Planning Commission? (1) President (2) Prime Minister (3) Finance Minister (4) Vice-President

Last Answer : (2) Prime Minister Explanation: The Prime Minister of India is the Chairman of the Planning Commission of India which is neither a constitutional nor statutory body.

The Chairman of the Finance Commission is appointed by – (1) The President (2) The Prime Minister (3) The Cabinet (4) The Parliament

Description : The Chairman of the Finance Commission is appointed by – (1) The President (2) The Prime Minister (3) The Cabinet (4) The Parliament

Last Answer : (1) The President Explanation: As per the Constitution, the commission is appointed every five years and consists of a chairman and four other members appointed by the President of India.

The Finance Commission in India is appointed by – (1) Prime Minister of India (2) President of India (3) Chairman of Rajya Sabha (4) Speaker of Lok Sabha

Description : The Finance Commission in India is appointed by – (1) Prime Minister of India (2) President of India (3) Chairman of Rajya Sabha (4) Speaker of Lok Sabha

Last Answer : (2) President of India Explanation: The Finance Commission of India came into existence in 1951. It was established under Article 280 of the Indian Constitution by the President of India.

Who is the Chairman of Planning Commission? (1) President (2) Prime Minister (3) Finance Minister (4) Vice-President

Description : Who is the Chairman of Planning Commission? (1) President (2) Prime Minister (3) Finance Minister (4) Vice-President

Last Answer : (2) Prime Minister Explanation: The Planning Commission was set up by a Resolution of the Government of India in March 1950. The Prime Minister is the Chairman of the Planning Commission, ... of Five Year Plans, Annual Plans, State Plans, Monitoring Plan Programmes, Projects and Schemes.

Who is the chairman of NITI Aayog - (i) President (ii) Vice President (iii) Prime Minister (iv) Finance Minister

Description : Who is the chairman of NITI Aayog - (i) President (ii) Vice President (iii) Prime Minister (iv) Finance Minister

Last Answer : (iii) Prime Minister

The Union Executive of India consists of: (1) The President; Vice-President, Lok Sabha Speaker and the Council of Ministers (2) The President, Deputy Chairman of the Rajya Sabha, Lok Sabha Speaker and the Prime Minister (3) The President and the Council of Ministers only (4) The President, Vice-President and the Council of Ministers only

Description : The Union Executive of India consists of: (1) The President; Vice-President, Lok Sabha Speaker and the Council of Ministers (2) The President, Deputy Chairman of the Rajya Sabha, Lok Sabha ... and the Council of Ministers only (4) The President, Vice-President and the Council of Ministers only

Last Answer : (4) The President, VicePresident and the Council of Ministers only Explanation: Union Executive consists of the President, the Vice-President, the Price Minister and Council of Ministers and the Attorney General.

Who acts as the channel of communication between the President and the Council Ministers? (1) Chairman, Rajya Sabha (2) Speaker of Lok Sabha (3) Vice-President (4) Prime Minister

Description : Who acts as the channel of communication between the President and the Council Ministers? (1) Chairman, Rajya Sabha (2) Speaker of Lok Sabha (3) Vice-President (4) Prime Minister

Last Answer : (4) Prime Minister Explanation: The Prime Minister is the chief channel of communication between the President and the Council of Ministers and keeps the former informed about all the decisions of the ... a Council of Ministers with the Prime Minister at the head to aid and advice the President.

The Chairman of the National Development Council is- a) The President b) The Vice-President c) The Prime Minister d) Speaker

Description : The Chairman of the National Development Council is- a) The President b) The Vice-President c) The Prime Minister d) Speaker

Last Answer : c) The Prime Minister

The National Integration Council (NIC) is chaired by the – (1) Prime Minister (2) Finance Minister (3) Home Minister (4) President of India

Description : The National Integration Council (NIC) is chaired by the – (1) Prime Minister (2) Finance Minister (3) Home Minister (4) President of India

Last Answer : (1) Prime Minister Explanation: The National Integration Council (NIC) is a group of senior politicians and public figures in India that looks for ways to address the problems of communalism, casteism and ... Nehru of India in September-October of 1961. It is chaired by the Prime Minister of India.

Ayurvedic products comes under which rate structure? (A) 14% (B) 15% (C) 12% (D) 11%

Description : Ayurvedic products comes under which rate structure? (A) 14% (B) 15% (C) 12% (D) 11%

Last Answer : C) 12%