UPSC Prelims Practice Questions — Unwelcome surge
Q1. What was India's gross GST collection (in ₹ lakh crore) for June 2026, as released by the Ministry of Finance?
- A. ₹1.74 lakh crore
- B. ₹1.85 lakh crore
- C. ₹1.95 lakh crore
- D. ₹2.10 lakh crore
Q2. In June 2026, which single component of GST recorded the sharpest year-on-year growth, making it the principal driver of the headline surge?
- A. Central GST (CGST) from domestic transactions
- B. State GST (SGST) from domestic transactions
- C. Integrated GST on imports (import IGST)
- D. Domestic Integrated GST (IGST)
Q3. Which one of the following best describes the concept of 'imported inflation'?
- A. A rise in the domestic price level caused by higher prices of imported goods and inputs (such as crude oil), often aggravated by currency depreciation
- B. Inflation arising when aggregate domestic demand outstrips domestic productive capacity
- C. A rise in prices caused primarily by an increase in domestic indirect tax rates such as GST
- D. Inflation resulting from domestic wage growth exceeding productivity growth
Q4. The Goods and Services Tax in India has a four-tier rate structure. How many principal ad valorem rate slabs (excluding the compensation cess) does it comprise?
- A. Three
- B. Four
- C. Five
- D. Six
Q5. Which one of the following is the nodal agency that administers and collects Central GST and Integrated GST (including IGST on imports at ports of entry)?
- A. Central Board of Indirect Taxes and Customs (CBIC), under the Department of Revenue, Ministry of Finance
- B. Central Board of Direct Taxes (CBDT)
- C. The GST Council Secretariat
- D. NITI Aayog
Q6. In the GST Council constituted under Article 279A, the vote of the Central Government carries a weightage of:
- A. One-half of the total votes cast
- B. One-third of the total votes cast
- C. One-fourth of the total votes cast
- D. Two-thirds of the total votes cast
Q7. With reference to the trend in gross GST collections over recent years, which of the following statements is/are NOT correct?
- The average monthly gross GST collection in FY2020-21 was about ₹95,000 crore.
- Total gross GST collection in FY2024-25 was about ₹22.08 lakh crore.
- The average monthly collection in FY2024-25 was about ₹1.84 lakh crore.
- Gross GST collections in FY2024-25 declined relative to FY2023-24.
- A. 1 only
- B. 2 and 3
- C. 4 only
- D. 1 and 4