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UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Digital Economy and GST & Economic Survey - 2017

  • question_answer
          Which state became the first to ratify The Constitution (122nd Amendment) (GST) Bill, 2014?

    A) Karnataka                     

    B) Assam

    C) Maharashtra      

    D) Nagaland

    Correct Answer: B

    Solution :

    Assam has become the first state in the country to ratify the constitution amendment bill on the Goods and Services Tax (GST). The Constitution (122nd Amendment) Bill for GST was passed by the parliament. The GST constitution amendment Bill needs to be ratified by at least 16 of the 31 state assemblies. The new regime seeks to subsume all central indirect levies.


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