Chairman of the 15th Finance Commission of India-
Assertion (A) :
The development programmes undertaken in India are oriented towards economic growth along with social justice.
Reason (R) :
Indian economy is afflicted with poverty, unemployment and inequalities.
Select the correct answer from the following options.
In Income Tax, Assessee is :
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.
A closed economy is an economy in which:
Mixed economy means an economy where:
Which one of the following is the main source of revenue for the states ?
Which of the following is true in respect of Centre-State financial relations ?
Planning Commission of India was set up by :
Where is the headquarter of State Bank of India (SBI) situated ?