Test: Goods and Service Tax Council - UPSC MCQ

The Minister of State for Finance.

The Minister of State for Commerce.

The Union Finance Minister.

The Prime Minister.

3rd August, 2016.

8th August, 2016.

8th September, 2016.

10th September, 2016.

The Prime Minister.

The Chairperson of the Central Board of Excise and Customs

The Chairperson of the GST Council.

The Chief Minister of the largest state.

To prepare the national budget.

To recommend changes in income tax rates.

To make recommendations on issues related to Goods and Service Tax.

To regulate foreign trade.

It consists of only Union government officials.

It consists of Union and State government officials.

It consists of State government officials only.

It consists of members appointed by the President.

One-third of the total number of members.

One-half of the total number of members.

Two-thirds of the total number of members.

All members must be present.

Promoting individual state interests.

Ensuring a harmonized national market for goods and services.

Maximizing tax revenue for the central government.

Implementing uniform tax rates across all states.

All decisions require a unanimous vote.

A simple majority vote is sufficient.

A two-thirds majority vote is required.

The Union government's vote alone decides.

To set market prices for these commodities.

To recommend the date on which GST should be levied on them.

To regulate their production and distribution.

To exempt them from all taxes.

To resolve disputes between political parties.

To settle disputes between state governments.

To address conflicts between central and state governments.

To adjudicate disputes between trade unions.