Consider the following statements regarding the Goods and Services Tax (GST) of India:
(i) GST is a successor to VAT used in India on the supply of goods and services.
(ii) GST came into effect from 1st July, 2017 through the implementation of the one hundred and first Amendment of the Constitution of India.
(iii) Every decision of the GST Council is to be taken by a majority of not less than three fourths of the weighted votes of the members present and
voting at the meeting.
(iv) The GST Council is chaired by the Prime Minister of India.
Select the correct statement/statements using the codes given below.
In India, National Income is computed by :
The SEBI was given statutory recognition in 1992 on the recommendation of:
If the RBI adopts expansionist open market operations policy, this means that it will:
Which of the following is not an asset held by the commercial bank ?
The Iron and Steel plants of Rourkela and Durgapur were conceived under the:
Which of the following is true in respect of Centre-State financial relations ?
Thename of Prasanta Chandra Mahalanobis is associated with:
From the following statements pertaining to the World Economic Forum (WEF), find the correct
statement(s) :
(i) The WEF is a platform under the International Monetary Fund (IMF).
(ii) The WEF is an independent department of the World Bank.
(iii) The WEF is an International Organization for Public-Private Cooperation.
(iv) The WEF was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland.
Select the correct answer using the codes given below.
New Industrial Policy of India was introduced in the year: