Current set CDS-II · 2018 Q113

Not attempted Correct Incorrect ★ Bookmarked

Loading…

Q113 (CDS-II/2018) Economy › Government Finance & Budget › Government Finance & Budget

Which one of the following is correct about 'Aaykar Setu’?

A

It is a mechanism for achieving excellence in public sector deliveiy related to GST.

B

With the use of a mobile app, it facilitates online payment of taxes.

C

It is a communication strategy designed to collect information and build a database of tax defaulters.

D

It enables electronic filing and processing of import and export declarations.

SIMILAR QUESTIONS

Which of the following statements is not correct? (a) SAGAR-SETU is a mobile app, which aims to improve the Ease of Doing Business. (b) Harit Sagar aims at achieving Zero Carbon Emission Goal. (c) Sagar Manthan is a mission launched by Ministry of Ports, Shipping and Waterways, Government of India, to increase fish production. (d) Costa Serena is the first international cruise liner in India.

Which one of the following statements is correct in relation to the GST Bill passed by the Rajya Sabha in August 2016?

Which one of the following statements regarding GST is not correct? (a) Amendment 115 to the Constitution of India kept alcohol for human use and five petroleum products outside the ambit of GST. (b) Amendment 122 to the Constitution of India kept only alcohol for human use outside the ambit of GST. (c) Precious metals are taxed at a rate of 1% under GST. (d) Unworked diamond is taxed at a rate of 0-25%.

What is/are the most likely advantages of implementing 'Goods and Services Tax (GST)' ? 1. It will replace multiple taxes collected by multiple authorities and will thus create a single market in India. 2. It will drastically reduce the 'Current Account Deficit' of India and will enable it to increase its foreign exchange reserves. 3. It will enormously increase the growth and size of economy of India and will enable it to overtake China in the near future. Select the correct answer using the code given below :