Question

    The Constitution (101st) Amendment Act, 2016 pertains to which of the following?

    A Educationally backward classes Correct Answer Incorrect Answer
    B Institution of Panchayati Raj Correct Answer Incorrect Answer
    C Goods and Services Tax (GST) Correct Answer Incorrect Answer
    D Age of retirement of the Judges of High Court Correct Answer Incorrect Answer

    Solution

    The Constitution (101st) Amendment Act, 2016 introduced provisions related to the Goods and Services Tax (GST) in India. It mandates the central government to compensate states for any revenue loss resulting from the implementation of GST for a period of five years. This compensation is provided through an additional cess on specific goods and services under the GST framework.

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