Indian Economic Development

Economic Reforms (1991)

Easy

Which constitutional amendment was passed for Goods and services tax?

105th Constitutional Amendment

106th Constitutional Amendment

116th Constitutional Amendment

101th Constitutional Amendment

✅ Correct Option: 4

The Goods and Services Tax was introduced through the 101st Constitutional Amendment Act, 2016, and GST came into effect from 1 July 2017 with the motto of one nation, one tax, one market.

2023: 11 June Shift 3

Demonetisation in India was taken up by the government in :

2026: 11 May Shift 1

What does NEP stand for, with reference to the 1991 economic reforms in India?

2026: 12 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Multilateral trade agreements	(I) Outsourcing
(B) Liberalization	(II) Disinvestment
(C) Globalization	(III) WTO
(D) Privatization	(IV) FDI

Choose the correct answer from the options given below:

2026: 6 June Shift 1

GATT stands for_

2022: 19 July Shift 2

Match List - I with List - II.

List - I (Economic Policy)	List - II (Objective)
(A) Outsourcing	(I) Integration of the economy of the country with the world economy
(B) Liberalisation	(II) Company having regular services from external sources
(C) Globalisation	(III) Shedding of ownership/management of a government owned enterprise
(D) Privatisation	(IV) Put an end to restrictions that regulate economic activities

Choose the correct answer from the options given below :

2026: 31 May Shift 1

After agreeing on the conditions of World Bank and IMF India announced which of the following policy?

Which constitutional amendment was passed for Goods and services tax?

Solution

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