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WBCS Main Examination 2023 — Paper V: Indian Constitution and Economy · Question 145 of 200

Q145
Indian EconomyPublic Finance, Budget & Taxation
What does GST stand for?
  1. a.Goods and Services Trade
  2. b.Goods and Services Tax
  3. c.Government Services Tax
  4. d.None of the above

Answer: (B) Goods and Services Tax

GST stands for Goods and Services Tax, the indirect tax introduced on 1 July 2017 under the 101st Amendment. The other expansions are incorrect.

Q144 Whole paperQ146