GST and GST Council

Here are some MCQs on GST (Goods and Services Tax) and GST Council

1. GST stands for:
a) Goods and Services Tax
b) General Sales Tax
c) Goods and State Tax
d) Government Service Tax

2. GST in India was implemented from which year?
a) 2015
b) 2016
c) 2017
d) 2018

3. GST is a/an:
a) Direct tax
b) Indirect tax
c) Progressive tax
d) Regressive tax

4. The GST regime in India replaced which of the following taxes?
a) Value Added Tax (VAT)
b) Central Excise Duty
c) Service Tax
d) All of the above

5. The GST Council is chaired by:
a) President of India
b) Prime Minister of India
c) Finance Minister of India
d) Governor of Reserve Bank of India