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MCQs

Total Questions : 274 | Page 3 of 28 pages
Question 21. Which of the following country is the first one to implement GST?
  1.    USA
  2.    France
  3.    China
  4.    Switzerland
  5.    Germany
 Discuss Question
Answer: Option B. -> France
Question 22. Which of the following country has the second highest tax slab?
  1.    Australia
  2.    Netherland
  3.    Argentina
  4.    Ireland
  5.    South Korea
 Discuss Question
Answer: Option C. -> Argentina
Question 23. Which of the following country has the maximum GST tax slab?
  1.    Greece
  2.    China
  3.    USA
  4.    Australia
  5.    India
 Discuss Question
Answer: Option E. -> India
Question 24. The tax IGST charged by _________Government.
  1.    Central
  2.    State
  3.    Concerned department
  4.    Both a and b
  5.    All a, b and c
 Discuss Question
Answer: Option A. -> Central
Question 25. The maximum rate prescribed under IGST now is _______.
  1.    5%
  2.    12%
  3.    18%
  4.    28%
  5.    No such limit
 Discuss Question
Answer: Option D. -> 28%
Question 26. In India GST was first proposed in _______.
  1.    1993
  2.    1996
  3.    1999
  4.    2000
  5.    2002
 Discuss Question
Answer: Option D. -> 2000
Question 27. GST comes under which amendment bill?
  1.    118
  2.    120
  3.    122
  4.    115
  5.    129
 Discuss Question
Answer: Option C. -> 122
Question 28. Under which Act GST was introduced?
  1.    100
  2.    101
  3.    102
  4.    103
  5.    104
 Discuss Question
Answer: Option B. -> 101
Question 29. GST council formation based on Article number _______.
  1.    279A
  2.    289A
  3.    266A
  4.    255A
  5.    286A
 Discuss Question
Answer: Option A. -> 279A
Question 30. The headquarters of GST council is _______.
  1.    Mumbai
  2.    New Delhi
  3.    Ahmadabad
  4.    Hyderabad
  5.    Lucknow
 Discuss Question
Answer: Option B. -> New Delhi

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