Tax is calculated only on the value-addition at each stage of the transfer of ownership, in case of GST. This helps in reduction of inflation as well. It is basically called reduction of:

What is the penalty for publishing images of a person's private parts without consent, as per IT Act 2000?

A. 5 years imprisonment or 5 lakh rupees penalty or both

B. Life imprisonment

C. 3 years imprisonment or 2 lakh rupees penalty or both

D. None of the above

When one person signifies to another his willingness to do or to abstain from doing anything with a view to obtaining the assent of that other person to such act or abstinence, he is said to make a

A. Proposal

B. Promise

C. Contract

D. None of these

What aspect of a patented product is tested by PCT?

A. Priority

B. Novelty

C. Exclusivity

D. Commercial value

The Competition Act, 2002 seeks to regulate

A. Anti-competitive agreements

B. Mergers and amalgamation

C. Unfair trade practices

D. Both A and B