Test MZQ Quiz This is testing quiz All the info related to quiz is put up here 1 / 5 1. Which of the following is the capital of Australia? Sydney Melbourne Canberra Perth 2 / 5 2. Who is known as the father of the Indian Constitution? Mahatma Gandhi Jawaharlal Nehru Dr. B. R. Ambedkar Sardar Patel 3 / 5 3. Which planet is known as the Red Planet? Venus Mars Saturn Jupiter 4 / 5 4. What is the primary benefit of registering under GST for ABC Traders? Increase in product prices Availing input tax credit Reduction in sales Exemption from all taxes Case Study: ABC Traders is a small retail business dealing in garments. The firm purchases goods from wholesalers and sells them to customers. The annual turnover of ABC Traders is ₹28 lakhs. The owner wants to expand the business and is planning to register under GST to avail input tax credit and increase credibility with suppliers. 5 / 5 5. Since ABC Traders’ turnover is ₹28 lakhs, which of the following is correct? GST registration is compulsory GST registration is not allowed GST registration is optional but beneficial Business must shut down Case Study: ABC Traders is a small retail business dealing in garments. The firm purchases goods from wholesalers and sells them to customers. The annual turnover of ABC Traders is ₹28 lakhs. The owner wants to expand the business and is planning to register under GST to avail input tax credit and increase credibility with suppliers. Your score isThe average score is 60% 0% Restart quiz
