Q1 of 55 Page 109

Write the correct alternative for each of the following.

The tax levied by the central government for trading within state is . . .

The tax levied by the central government for trading is Central Goods and Services Tax.

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5

Mr. D'souza purchased 200 shares of FV Rs. 50 at a premium of Rs. 100. He received 50% dividend on the shares. After receiving the dividend he sold 100 shares at a discount of Rs. 10 and remaining shares were sold at a premium of Rs. 75. For each trade he paid the brokerage of Rs. 20. Find whether Mr. D'souza gained or incurred a loss? by how much?

 1

Write the correct alternative for each of the following.

Rate of GST on essential commodities is . . .

 1

Write the correct alternative for each of the following.

GST system was introduced in our country from . . .

 1

Write the correct alternative for each of the following.

The rate of GST on stainless steel utensils is 18%, then the rate of State GST is . . .