Economy This Week 17th to 23rd June 2019 BL – Business Line; TH – The Hindu; BS – Business Standard IE – India Express; LM - Livemint

35th GST Council Meet (BS 22/6/19)

Question Consider the following statements Lotteries are legal in all the states of India State run and state authorized lotteries can be sold outside the state Choose the correct option Only 1 is true Only 2 is true Both are true Both are false

U K Sinha Committee (BL 19/6/19)

Question Consider the following statements As per RBI Circular, collateral free loans of any value can be given to MSMEs The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) is set up by RBI Choose the correct option Only 1 is true Only 2 is true Both are true Both are false

IBC (BL 18/6/19)

Question Consider the following statements Under IBC, financial creditors are given a preference over operational creditors Under the IBC, both secured and unsecured creditors can approach NCLT Choose the correct option Only 1 is true Only 2 is true Both are true Both are false

India – US Trade BL 20/6/19

Labour Codes BS 18/6/19

Descriptive Questions Labour in India is supply driven rather than being demand driven – Discuss (250 words) “GST is yet to become Good and Simple Tax” – Elaborate (250 words)