#GST@GSANDGA 👆👆

Ad valorem is a Latin phrase that translates to “according to the value.”

The essential characteristic of ad valorem tax is that it is proportional to the value of the underlying asset,

unlike a specific tax, where the tax amount remains constant, irrespective of the underlying asset's value.

Education Cess is a 4% levy on income tax, used to fund education and health initiatives in India.

*अनुच्छेद 155 के अनुसार, राज्यपाल की नियुक्ति राष्ट्रपति द्वारा की जाती है.*


According to #Article 155, the Governor is appointed by the President.

*भारत के संविधान के अनुसार, राज्यपाल की नियुक्ति राष्ट्रपति द्वारा की जाती है. यह नियुक्ति, प्रधानमंत्री और केंद्रीय मंत्रिपरिषद की सलाह पर की जाती है.*

According to the Constitution of India, the Governor is appointed by the President. This appointment is made on the advice of the Prime Minister and the Union Council of Ministers.

#Polity@GSANDGA

#POLITY

Crowding out Effect

Correct answer is 4👆👆

NSDL Payments Bank Added to RBI's Second Schedule
https://currentaffairs.adda247.com/nsdl-payments-bank-added-to-rbis-second-schedule/

RRB BANK 2021

Nanital बैंक 2019

2nd answer

Total -12 BANKS

SFB AND PAYMENTS BANK