the ordinary course of business.
D:-One of which is not a principal supply.
Correct Answer:- Option-D

Question61:-"Exempt Supply" under GST means supply of any goods or services or
both

A:-Which attracts nil rate of tax or
B:-Which is wholly exempt from tax and includes non taxable supply
C:-Both (1) and (2)
D:-None of these
Correct Answer:- Option-C

Question62:-Which of the following order of setoff of Input Tax Credit is wrong?
A:-ITC of IGST can be used to pay IGST, CGST and SGST/UTGST in that order.
B:-ITC of CGST can be used to pay SGST, CGST and IGST in that order
C:-ITC of SGST/UTGST can be used to pay SGST/UTGST and IGST in that order
D:-ITC of CGST can be used to pay CGST and IGST in that order
Correct Answer:- Option-B

Question63:-Which of the following statement is true about cloud computing?

42-11 provides computation, software, data access and storage services that do
not require end-user knowledge of the physical location and configuration of the
system that delivers the services.

B:-It is tight coupling between the hardware and the operating system.

C:-lt enables a single physical resource such as a server or data storage device
to appear to the user as multiple logical reasons.

D:-None of these
Correct Answer:- Option-A

Question64:- is a computerised stored value that holds credit card
information, electronic cash, owner identification and address information.

A:-Electronic Wallet
B:-Electronic Data Processing
C:-Enterprise Resource Planning
D:-Secure Socket Layer

Correct Answer:- Option-A

Question65:-Which of the following statement is not true about Customer
Relationship Management?

A:-lt is a highly integrated cross function information system that includes a
set of tools to integrate and automate customer related processes in sales,
marketing and customer services to provide fast, convenient and reliable service to
its customer.

B:-It helps in increasing the rate of returns on marketing initiatives.