NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 275 - 277 of 1426

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Question number: 275

» Income-Tax Law and Tax Planning » Exempted Incomes

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Appeared in Year: 2018

MCQ▾

Question

The maximum amount of exemption of compensation received at the time of voluntary retirement U/S 10 (10C) of the Income Tax Act, 1961, is: (September Paper II)

Choices

Choice (4)Response

a.

b.

c.

d.

Question number: 276

» International Business » International Liquidity

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Appeared in Year: 2018

MCQ▾

Question

Select the correct code of the following statements being correct or incorrect.

Statement (I): International liquidity encompasses the international reserves only.

Statement (II): International liquidity covers only official holdings of gold, foreign exchange, SDRs and reserve position in the IMF available for the settlement of the international transactions. (September Paper II)

Choices

Choice (4)Response

a.

Statements (I) and Statements (II) are incorrect.

b.

Statement (I) is correct while Statement (II) is incorrect.

c.

Statements (I) and Statements (II) are correct.

d.

Statement (I) is incorrect while Statement (II) is correct.

Question number: 277

» Business Environment » Economic Policies

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Appeared in Year: 2018

MCQ▾

Question

The central bank can significantly influence the savings, investments and consumer spending in the economy through which of the following policy? (September Paper II)

Choices

Choice (4)Response

a.

Fiscal Policy

b.

Foreign Exchange Policy

c.

Monetary Policy

d.

Industrial Policy

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