Accounting and Finance-Social Accounting (NTA-NET (Based on NTA-UGC) Commerce (Paper-II)): Questions 1 - 1 of 1

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Question number: 1

» Accounting and Finance » Social Accounting

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Appeared in Year: 2018

MCQ▾

Question

Given is the information related to a house:

Table of the Information Related House

Table of the Information Related House

Municipal Value (M. V. )

RS. 1,50,000

Fair Rent

RS. 1,80,000

Standard Rent

RS. 1,60,000

Actual Rent

RS. 20,000 pm

Municipal tax paid by owner is of M. V. Unrealised rent RS. 40,000 (conditions of rule 4 satisfied). What is the annual value of the house?

(December)

Choices

Choice (4) Response

a.

RS. 1,60,000

b.

RS. 1,70,000

c.

RS. 2,10,000

d.

RS. 1,50,000

Developed by: