WBCS.LIVE practice question

In India, the highly influential 'GST Council' is constitutionally chaired by whom?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. The Prime Minister
  2. The Union Finance Minister
  3. The RBI Governor
  4. The Chief Economic Advisor

Correct answer and explanation

Correct answer: The Union Finance Minister

Explanation: āœ… Correct Answer: B) The Union Finance Minister šŸ“š Explanation: Under Article 279A of the Constitution, the Goods and Services Tax (GST) Council is a joint forum of the Centre and the States. It is explicitly chaired by the Union Finance Minister. The council holds the absolute authority to make recommendations to the Union and the States on important issues related to GST, including tax slabs and exemptions.