NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 1034 - 1039 of 1424

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Question number: 1034

» Income-Tax Law and Tax Planning » Basic Concepts

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MCQ▾

Question

On the occasion of marriage of A, he received a gift of Rs. 65,000 from a relative. Such amount shall be-

Choices

Choice (4)Response

a.

Not taxable

b.

Taxable

c.

Taxable subject to standard deduction of 50%

d.

None of the above

Question number: 1035

» Banking and Financial Institutions » Digitalisation of Banking : Internet Banking, Mobile Banking, Digital Payment System » (New 2019)

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MCQ▾

Question

Which of the following is digital payment methods in India?

1) Banking cards

2) USSD

3) AEPS

4) UPI

Choices

Choice (4)Response

a.

3 And 4 Only

b.

1 And 2 Only

c.

Both a. and b. are correct

d.

Question does not provide sufficient data or is vague

Question number: 1036

» Financial and Management Accounting » Partnership Accounts » Admission

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Essay Question▾

Describe in Detail

Admission of Partners: Valuation of Goodwill, Classes of Goodwill

Explanation

  • According to Partnership Act, 1932, a partnership is “the relation between persons who have agreed to share the profits of a business carried by all or one of them acting for all. “

  • The elements of partnership can be said as follows:

    • It is outcome of agreement between two or more people.

    • Agreement is for sharing profits and losses of the business.

    • Agre

… (1088 more words) …

Question number: 1037

» Business Finance » Hrdging Techniques » (New 2019)

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Appeared in Year: 2019

MCQ▾

Question

Currency swap is a method of (June)

Choices

Choice (4)Response

a.

Speculation in foreign exchange

b.

Hedging against foreign exchange risk

c.

Leverage instrument used by cooperative banks

d.

Mode of payment in international trade

Question number: 1038

» Banking and Financial Institutions » Banking Sector Reforms in India

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Appeared in Year: 2019

MCQ▾

Question

Chalapathi Rao committee was constituted for restructuring of (June)

Choices

Choice (4)Response

a.

State Financial Corporation in India

b.

Commercial Banks in India

c.

Cooperative Banks in India

d.

Regional Rural Banks in India

Question number: 1039

» Marketing Management » Elements of Consumer Behaviour, Market Segmentation

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Appeared in Year: 2019

MCQ▾

Question

Building long term mutually satisfying relations with key customers, suppliers, distributors, in order to earn and retain their long term preference and business is known as (June)

Choices

Choice (4)Response

a.

Service Marketing

b.

Relationship Marketing

c.

Niche Marketing

d.

Social Marketing

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