1. GST means-

2. Major goods/sectors excluded from GST are-

1. . Alcohol

2. Petroleum and energy

3. Electricity

4. Land and real estate

5. Education

6. Healthcare

3. Which Commitee recommended abolition of tax rebates under section 88 ?

4. Goods and Services Tax is applicable in India from-

5. Goods and Services Tax introduced in India from 2017 has its roots in the regime of Prime Minister-

6. Consider the following statements about India’s external debt and choose the correct code given below:

1. India’s external debt has declined by 1-6% to US $ 521.2 billion end Dec. 2018 over its level at March 2018.
2. The decline in external debt is primarily on account of a decrease in commercial borrowings and trade credit.
3. Commercial borrowings continued to be the largest component of external debt.
4. The share of short-term debt in total external debt increased to 19.9% at end-Dec. 2018 from 19.3% at end-March 2018.

The correct code is :

7. Which of the following statement is correct st the insolvency and Bankruptcy Code

8. Which of the following statement is correct about DIPAM ?

9. The age group of Senior Citizen for income tax purpose now stands at-

10. Consider the following- 

Assertion (A): According to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step by step manner.

Reason (R) This hypothesis is based on displacement effect, concentration effect and inspection effect.