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Economy This Week 10th to 20th Jan 2019
BL – Business Line; FE – Financial Express; TH – The Hindu; BS – Business Standard; LM - Livemint
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CCB (TH 11/1/19)
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Closure of CPSEs (FE 15/1/19)
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Saubhagya Scheme (BL 15/1/19)
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Safeguard duties IE 12/1/19
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GST (TH 11/1/19)
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Fertilizer Subsidy (BL 15/1/19)
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Question 1 Consider the following statements
Gross Budgetary Support (GBS) is part of the central plan In the recent years, the GBS has been more than 50% of the central plan Choose the correct option Only 1 is correct Only 2 is correct Both are correct Both are wrong
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Question 2 Consider the following statements about Safeguard measures
Importing country can implement these measures for a maximum duration of 4 years The developing countries can extend these measures for one more year beyond the normal permissible Choose the correct option Only 1 is true Only 2 is true Both are true Both are false
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Question 3 Consider the following statements about the composition scheme Can be availed by all the goods and service suppliers There will be a flat rate of GST applicable on those availing this scheme Those availing the scheme will not get the benefit of Input Tax Credit (ITC) Choose the correct option Only 2 is correct 2 and 3 are correct 1 and 3 are correct 1, 2 and 3 are correct
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