NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 206 - 208 of 1264

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Question number: 206

» Income-Tax Law and Tax Planning » Computation of Taxable Income of Individuals and Firms

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Appeared in Year: 2018

MCQ▾

Question

Which one of the following statements is not correct with reference to the assessment of firms? (September Paper II)

Choices

Choice (4) Response

a.

All partnership firms formed under the Indian Partnership Act, 1932, are assessed as firms under the Income Tax Act, 1961.

b.

Income of a firm is taxable at a flat rate of without any exemption.

c.

Partners’ share in the income of a firm is not chargeable to tax in the hands of partners.

d.

Remuneration paid to partners of a firm (assessed as such) is allowed as deduction subject to statutory limit.

Question number: 207

» Marketing Management » Marketing Research

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Appeared in Year: 2018

Match List-Ⅰ List-Ⅱ▾

Question

Match the items of List - II with List - I which are related to personal selling process and identify the correct code: (September Paper II)

List-Ⅰ (Column I) List-Ⅱ (Column II)

(A)

Prospecting

(i)

Reduce Dissonance, Build goodwill

(B)

Preapproach

(ii)

Information, habits, preferences

(C)

Post sales services

(iii)

Attention, Interest, Desire, Action

(D)

Presentation

(iv)

Identifying Profiles, leads, Records and Qualifying capability and willingness

Choices

Choice (4) Response
  • (A)
  • (B)
  • (C)
  • (D)

a.

  • (iv)
  • (ii)
  • (i)
  • (iii)

b.

  • (ii)
  • (iv)
  • (i)
  • (iii)

c.

  • (i)
  • (iii)
  • (iv)
  • (ii)

d.

  • (iii)
  • (i)
  • (ii)
  • (iv)

Question number: 208

» Business Environment » Industrial Policy and Implementation

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Appeared in Year: 2018

MCQ▾

Question

Which of the following is not the salient feature of the industrial policy developments since 1991?

(September Paper II)

Choices

Choice (4) Response

a.

The scope of the private sector has been enormously expanded.

b.

Public sector has been withdrawing partially or fully from several of the enterprises by divestment.

c.

The Indian industry is increasingly exposed to foreign competition.

d.

Monopoly or dominant position for the public sector in most of the industries and control of the commanding heights of the economy by the public sector.

Developed by: