Resource sharing between union and state governments and Goods and Services Tax. - One Line Questions

1. Which constitutional amendment was primarily responsible for the introduction of the Goods and Services Tax (GST) in India? — 101st Amendment Act
2. The Finance Commission, a constitutional body, is responsible for making recommendations regarding: — Distribution of net proceeds of taxes between the Union and States
3. The Goods and Services Tax (GST) regime in India was implemented on which date? — July 1, 2017
4. Which Article of the Indian Constitution deals with the distribution of legislative powers between the Union and the States? — Article 246
5. Which Article of the Constitution empowers the Parliament to legislate on matters in the Union List? — Article 246(1)
6. Which Article of the Constitution empowers the State Legislatures to legislate on matters in the State List? — Article 246(3)
7. Which Article of the Constitution empowers both the Parliament and State Legislatures to legislate on matters in the Concurrent List? — Article 246(2)
8. Which Article deals with the power of the Union to levy taxes for the purpose of the Union? — Article 265
9. The Goods and Services Tax Council is a constitutional body responsible for making recommendations on GST rates, exemptions, and other related matters. Which Article establishes this council? — Article 279A
10. Article 275 of the Constitution provides for: — Grants-in-aid to States
11. CGST is levied by the Central Government on intra-state sales. What does CGST stand for? — Central Goods and Services Tax
12. Development administration in Tamil Nadu, in the context of resource sharing, implies: — Efficient utilization of allocated resources for state development
13. The 'development administration' aspect in Tamil Nadu related to resource sharing emphasizes: — Effective planning and execution of welfare schemes
14. Which type of GST is levied on the import of goods into India? — IGST
15. Which of the following is NOT a type of GST levied in India? — UGST (Union GST)
16. The 'dual GST' model adopted by India means that GST is levied by both the Central and State governments. This is reflected in: — CGST and SGST
17. In the case of an inter-state supply of goods or services, which tax is levied? — IGST
18. Which of the following taxes are levied by the Union but collected and appropriated by the States? — Stamp duties on negotiable instruments
19. GST is a ______ tax, meaning it is levied on the value addition at each stage of production and distribution. — Indirect
20. In the context of GST, the sharing of revenue between the Union and States is managed through: — Decisions of the GST Council
21. Which of the following is a territorial unit for GST administration in India? — State
22. Which of the following is an example of a service that is currently outside the purview of GST? — Alcohol for human consumption
23. Which of the following taxes was subsumed by the GST in India? — Value Added Tax (VAT)
24. Which of the following is a common tax base for both the Union and States after the introduction of GST? — Goods and Services Tax
25. The concept of 'Input Tax Credit' under GST allows businesses to claim credit for taxes paid on inputs. This helps to: — Avoid cascading tax effect
26. Which of the following is a key benefit of GST for businesses? — Elimination of cascading effect of taxes
27. The Goods and Services Tax (Compensation to States) Act, 2017 was enacted to provide for: — Compensating States for revenue loss due to GST implementation
28. IGST is levied by the Central Government on inter-state sales and imports. What does IGST stand for? — Integrated Goods and Services Tax
29. Article 246A of the Constitution grants the power to legislate with respect to GST to: — Both Parliament and State Legislatures
30. The power to levy taxes is mentioned in which part of the Indian Constitution? — Part XII
31. Who appoints the members of the Finance Commission? — President
32. Who is the ex-officio chairperson of the Goods and Services Tax Council? — Finance Minister of India
33. GST is based on the principle of destination-based consumption taxation. This means the tax is levied at the place where the ______ occurs. — Consumption
34. Which of the following is a major challenge associated with the implementation of GST in India? — Complexity of dual GST structure
35. SGST is levied by the State Government on intra-state sales. What does SGST stand for? — State Goods and Services Tax
36. What is the term used for subjects not enumerated in any of the three lists, on which the Parliament has the power to legislate? — Residuary Subjects
37. The 'Cascading Effect' of taxes, which GST aims to eliminate, refers to: — Tax on tax
38. Which of the following taxes are levied and collected by the Union and the proceeds are distributed between the Union and the States? — Taxes on the sale or purchase of goods (other than newspapers) in the course of inter-State trade or commerce
39. The Union Territories without a legislature have GST administered by: — The Central Government
40. Who among the following has the ultimate authority to decide on the inclusion or exclusion of any item under GST? — The GST Council
41. Which entity in Tamil Nadu plays a crucial role in managing state finances and recommending resource allocation? — The Tamil Nadu Finance Department
42. In case of a conflict between a Union law and a State law on a subject in the Concurrent List, which law generally prevails? — The Union law prevails
43. What is the primary mechanism for resolving disputes between the Union and States regarding GST? — The GST Council
44. What is the primary objective of introducing GST in India? — To create a single, unified indirect tax system
45. The GST Council is a unique federal body that aims to foster cooperation between the Union and the States on GST matters. What is its primary function? — To advise the government on GST policy
46. The recommendations of the Finance Commission are generally binding on the government. — False, they are advisory in nature
47. The Seventh Schedule of the Indian Constitution enumerates three lists for the distribution of legislative powers. Which of the following is NOT one of these lists? — Local List
48. Which list contains subjects on which only the Parliament can make laws? — Union List
49. Subjects like 'Public Order' and 'Police' are placed under which list, granting states the primary power to legislate on them? — State List
50. Education, forests, and marriage are examples of subjects falling under which list, where both Parliament and State Legislatures can make laws? — Concurrent List
All One Line Questions
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