NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 384 - 388 of 1264

Access detailed explanations (illustrated with images and videos) to 1264 questions. Access all new questions we will add tracking exam-pattern and syllabus changes. Subscription can be renewed yearly absolutely FREE! View Sample Explanation or View Features.

Rs. 550.00 or

How to register?

Question number: 384

» Income-Tax Law and Tax Planning » Deduction of Tax

Edit

Appeared in Year: 2016

MCQ▾

Question

The statutory limit for deduction u/s 80 GG of Income tax Act, 1961, for the assessment year 2015 - 16 is (July Paper 3)

Choices

Choice (4) Response

a.

per month

b.

per month

c.

per month

d.

per month

Question number: 385

» Human Resources Management » Workers Participation in Management

Edit

Appeared in Year: 2016

MCQ▾

Question

Who gave the systems approach to industrial relations? (July Paper 3)

Choices

Choice (4) Response

a.

Beatrice webb

b.

Henry Fayol

c.

Eric trist

d.

John Dunlop

Question number: 386

» Income-Tax Law and Tax Planning » Different Types of Assessment

Edit

Appeared in Year: 2016

MCQ▾

Question

For the purpose of assessment under Income Tax Act, 1961, which combination of the following represent income?

(I) Tax-free salary from the private sector employer.

(II) Pin money received by a family member.

(III) Awards received by the sports persons.

(IV) Loss incurred by the assesses.

(V) Perquisites received by employees.

(July Paper 3)

Choices

Choice (4) Response

a.

(I), (II), (IV), (V)

b.

(I), (II), (III), (IV)

c.

(II), (III), (IV), (V)

d.

(I), (III), (IV), (V)

Question number: 387

» Business Management » Corporate Governance and Business Ethics

Edit

Appeared in Year: 2016

MCQ▾

Question

Which of following is not a “Maharatna” industry in India? (July Paper 3)

Choices

Choice (4) Response

a.

GAIL

b.

SAIL

c.

OIL

d.

CIL

Question number: 388

» Business Economics » Demand Analysis and Elasticity of Demand

Edit

Appeared in Year: 2016

Assertion-Reason▾

Question

Assertion (Ꭺ)

Gossen’s first law of consumption is invariably applicable in case of individuals’ consumption behavior. (July Paper 3)

Reason (Ꭱ)

It serves as an important determinant of demand for the goods and services in the market.

Choices

Choice (4) Response

a.

Both Ꭺ and Ꭱ are true and Ꭱ is the correct explanation of Ꭺ

b.

Ꭺ is false but Ꭱ is true

c.

Both Ꭺ and Ꭱ are false

d.

Ꭺ is true but Ꭱ is false

Developed by: