Parallel economy refers to:
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.
Which of the following sources provides highest tax revenue to Government of India?
Poverty is defined as:
Which of the following is a primary sector of economic activities in India ?
If the RBI adopts expansionist open market operations policy, this means that it will:
Which is the following is direct tax ?
Which of the following is not the part of non-statutory welfare measure ?
Inclusive growth as enunciated in the Eleventh Five Year Plan does not include one of the following:
Mixed economy means an economy where: