GST Quiz : Expected Question and Answers for Competitive Exams

1.

The government has recently launched GST regime, effective from July 1, 2017. What is GST ?

   A.) Goods and Services Tax (GST)
   B.) Gods and Services Tax (GST)
   C.) Goods and Services Total (GST)
   D.) None of these

Answer: Option 'A'

Goods and Services Tax (GST)

2.

India has chosen ____________ model of dual-GST?

   A.) Canadian
   B.) Cuba
   C.) Belize
   D.) Nicaragua

Answer: Option 'A'

Canadian

3.

The Central Board of Excise and Customs (CBEC) has recently announced that ___________ will be observed as GST Day ?

   A.) 1st June
   B.) 1st July
   C.) 30st June
   D.) 02nd July

Answer: Option 'B'

1st July

4.

The main objective of GST is to ______________ excessive taxation.

   A.) exempt
   B.) exclude
   C.) eliminate
   D.) None

Answer: Option 'C'

eliminate

5.

In GST only three type of taxes will be charged in whole country. What are they ?

Goods and Services Tax (GST)

   A.) CGST, EGST & LGST
   B.) CGST, SGST & IGST
   C.) CGST, SGST & KGST
   D.) RGST, SGST & IGST

Answer: Option 'B'

CGST, SGST & IGST

6.

What is CGST?

   A.) Center Goods and Service Tax
   B.) Capital Goods and Service Tax
   C.) Capacity Goods and Service Tax
   D.) Central Goods and Service Tax

Answer: Option 'D'

Central Goods and Service Tax

7.

What is SGST?

   A.) State Goods and Service Tax
   B.) S Goods and Service Tax
   C.) South Goods and Service Tax
   D.) None

Answer: Option 'A'

State Goods and Service Tax

8.

What is IGST?

   A.) Integrated Goods and Service Tax
   B.) Indian Goods and Service Tax
   C.) Initial Goods and Service Tax
   D.) None

Answer: Option 'A'

Integrated Goods and Service Tax

9.

France has implemented GST in which year?
Goods and Services Tax (GST)

   A.) 1966
   B.) 1956
   C.) 1954
   D.) 1964

Answer: Option 'C'

1954

10.

Only ______________ has dual GST model (Just like India is going to implement Dual GST Model).

   A.) Canada
   B.) Bahamas
   C.) Jamaica
   D.) Mexico

Answer: Option 'A'

Canada


GST Quiz : Expected Question and Answers for Competitive Exams Download Pdf