GST and Niti Aayog GK Imp Question

NATIONAL INSTITUTION FOR TRANSFORMING INDIA (NITI AAYOG)

*Formed on – January 1,2015
*Headquarters – New Delhi

*The policy established by the Narendra Modi Government to replace the Planning Commission
Ans : NITI Aayog

*Chairman of NITI Aayog
Ans : Prime Minister

*First Chairman of NITI Aayog
Ans : Narendra Modi

*First Vice Chairman
Ans : Aravind Panagariya

*Chief Executive Officer (CEO)
Ans : Amitabh Kant

*First CEO of NITI Aayog
Ans : Sindhushree Khuller

GOODS AND SERVICES TAX (GST)

*The concept of Goods and Services Tax was originated in
Ans : Canada

*First country which introduced G S T was
Ans : France

Article of Inian Constitution which deals with GST
Ans : 246 A

GST was introduced as
Ans : 101st Amendment Act 2017 (122 Amendment Bill)

GST Came into force on
Ans : July 1,2017

Article deals with GST Council
Ans : 279 A

*The Chairman of GST Council
Ans : Finance Minister of India

Present GST CHAIRMAN NIRMALA SITARAMAN

[ GST was introduced as
Ans : 101st Amendment Act 2017 (122 Amendment Bill)
(FIVE YEAR PLAN)
FIRST FIVE YEAR PLAN (1951-56)

*Prime Minister
Ans : Jawaharlal Nehru

*First Five Year Plan was based on the
Ans : Harrod Domar Model

First Five Year Plan focused on
Ans : Agriculture, Dams, Irrigation, Transport etc

SECOND FIVE YEAR PLAN (1956-61)
*Prime Minister
Ans : Jawaharlal Nehru

*The second five year plan was based on
Ans : Mahalanobis model

*Second Five Year Plan focused on
Ans : Industrial development, Reduction of Unemployment

THIRD FIVE YEAR PLAN (1961-66)
*Bokaro Steel plant was started during the
Ans : Third Five Year Plan

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