Q.:- Are the following statement true or false? Give reasons for your answer
(Q1) The Industrial Policy Resolution of 1956 had reserved 17 industries for the public sector. This number was reduced to
2 in 1991.
(Q2) In 1989, the number of items reserved for the small scale sector was 836. This number has subsequently been reduced to just 20 items.
(Q3) To 2007-08 budget reduced the peak rate of the import duty from more than 300 per cent to 150 per cent.
(Q4) Goods and Services Tax (GST) was introduced in India on July 1, 2017, it has subsumed all indirect taxes into single
uniform tax called GST.
(Q5) The main objective of GST is to collect more tax revenue.
(vi) The corporate rate for companies with a turnover up to Rs. 250 percent is now bought down to 10 percent.
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most important soil group of India. The widest occurrence of the alluvial soils is in the Indo-Gangetic Plain starting from Punjab, Haryana, Uttar Pradesh, Bihar, West Bengal and Assam in the east, northern parts of Gujrat also have some covers alluvial soils.
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Name the states of India
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