Questions

In  a  boost  to  its  non-proliferation credentials, India joined the Missile Technology Control Regime (MTCR) at   a   ceremony   in   South   Block. India’s  MTCR  membership  would help in furtherance of international non-proliferation  objectives,  India would  enjoy  full  participation  in organisational  activities,  India  had intensified     efforts     at     gaining membership   of   the   MTCR,   the NSG,   the   Australia   Group   and Wassenaar     Arrangement     since getting  a  waiver  at  the  NSG  in 2008. Membership of these groups would    help    India    trade    more effectively    in    critical    high-tech areas

The Pfizer Inc of the United States of America (USA) and its partner BioNTech of Germany completed the phase 3 trial of their COVID-19 vaccine candidate, BNT162b2 against SARS-CoV-2 with 95% effective success rate.

GST  is  a  destination-based  tax,  it means   end   users   consuming   any goods or services is liable to pay the Goods  and  Services  Tax.  The  tax  is collected  by  the  State  in  which  the goods or services are consumed and not  by  the  state  in  which  goods  are manufactured    and    If    there    are exports,  the  seller  of  the  goods  or services  is  exempted  from  paying the tax. GST is a consumption-based tax,  it  means  the  state  where  the goods  were  consumed  will  receive GST   and   where   goods   were   sold should  not  get  any  taxes.GST  is  a value added tax as it is based on the increase  in  value  of  a  product  or service  at  each  stage  of  production or   distribution.GST   is   not   gross value tax.