Goods and Services Tax (GST) was enacted by Parliament vide Constitutional Amendment Act, 2016 on 8th September 2016.
(A) 101st
(B) 105th
(C) 103rd
(D) 107th
1. The 101st Constitutional Amendment of 2016 is the most far-reaching change from a fiscal perspective since the formation of the first Finance Commission in 1951, providing concurrent powers to the Center and the states in the matter of indirect taxation.
2. This amendment introduced a national Goods and Services Tax (GST) in India from 1 July 2017.
3. GST is based on a concurrent system of indirect taxes, where central and state GST is imposed on every transaction.
Which of the following statements is correct?
(A) The President submits his resignation to the Prime Minister.
(B) The President submits his resignation to the Vice-President
(C) The President submits his resignation to the Speaker of the Lok Sabha.
(D) The President submits his resignation to the Chief Justice of India.
The Objective Resolution to guide the deliberations of the Assembly was moved by –
(A) Jawaharlal Nehru
(B) Kiran Desai
(C) K Natwar Singh
(D) K.M. Munshi
Rajya Sabha member has tenure of ______ years.
(A) 8
(B) 6
(C) 4
(D) 2
The power to grant pardon or suspend or remit the sentence of any convicted person is vested in the-
(A) President
(B) Vice President
(C) Supreme Court Judge
(D) Defense Minister
What is the minimum age required for election to RajyaSabha?
(A) 18 years
(B) 25 years
(C) 30 years
(D) 35 years
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