GST - Multiple Choice Questions and Answers for Competitive Exams

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Question

Combined Stake of Central and State Government in GSTN is _______.

A 20%
B 25%
C 49%
D 51%
E 100%
Answer & Explanation
Option: [C]

The Central and the state governments hold a combined stake of 49%, the remaining 51% stake is divided among five financial institutions—LIC Housing Finance with 11% stake and ICICI Bank, HDFC, HDFC Bank and NSE Strategic Investment Corporation Ltd with 10% stake each.

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