1. Which of the following are not exempt under GST?
1. High speed petrol.
2. Aviation Turbine Fuel.
3. Electricity
4. Natural Gas.
5. Alcohol for human consumption.
(a) 2 only (b) 3 only (c) 2 and 3 (d) None
2. Which of the following services are exempt under GST?
1. Funeral services.
2. Sale of land and buildings.
3. Legal services rendered by tribunals.
4. Employment services.
(a) 1 only (b) 3 and 4 (c) 1 and 3 (d) 1, 2, 3 and 4
3. Which of the following are correct about Composition levy under GST?
1. The composition levy is an alternative method of levy of tax designed for small taxpayers whose turnover upto Rs. 1crore.
2. The objective of composition scheme is to bring simplicity and reduce the compliance cost for the small taxpayers.
3. It is optional and the eligible person opting to pay tax under this scheme can pay tax at a prescribed percentage of his turnover every quarter, instead of paying tax at normal rate.
(a) 1 and 2 (b) 2 and 3 (c) 1 and 3 (d) 1, 2 and 3
4. Which of the following is/are correctly matched important sporting events of 2023?
1. Cricket World Cup – India.
2. Asian Games – Motto (Japan).
3. FIFA women’s world cup – Germany.
(a) 1 only (b) 1 and 2 (c) 2 only (d) 1, 2 and 3
5. MCQ-9 Reaper Drone which was recently in news belongs to
(a) China (b) Russia (c) US (d) Israel
ANSWERS
1. d
2. d
3. b
4. a
5. c
