Agriculture income is exempted from income tax under the following section of Income Tax Act, 1961:
A) 2(1A)
B) 10 (1) C) 10 (2) D) 10 (4)
A) 2(1A)
B) 10 (1) C) 10 (2) D) 10 (4)
Anonymous Quiz
31%
A
43%
B
21%
C
6%
D
Fair rent of a let out house property is Rs.75,000. Its Municipal value is Rs. 60,000, standard rent is Rs. 72,000 and actual rent received is Rs. 63,000. What is the Gross Annual Value of this house property ?
Anonymous Quiz
12%
60000
37%
63000
42%
72000
10%
75000
Under Section 80E of the Income Tax Act, 1961 deduction in respect of payment of interest on loan taken for higher education shall be allowed up to
(A) Rs.10,000
(B) Rs.15,000 (C) Rs.20,000 (D) Without any limit
(A) Rs.10,000
(B) Rs.15,000 (C) Rs.20,000 (D) Without any limit
Anonymous Quiz
21%
A
31%
B
22%
C
27%
D
The method of reducing tax liability by taking advantage of the provisions of tax laws is called:
A. Tax Avoidance
B. Tax Planning C. Tax Evasion D. Tax Management
A. Tax Avoidance
B. Tax Planning C. Tax Evasion D. Tax Management
Anonymous Quiz
17%
A
42%
B
25%
C
16%
D
GST is a
A. Central tax
B. Federal tax C. State tax D. Local tax
A. Central tax
B. Federal tax C. State tax D. Local tax
Anonymous Quiz
61%
A
26%
B
10%
C
4%
D
Income of minor will not clubbed with the income of his father/mother of it is not more than: A. Rs. 1500
B. Rs. 2000
C. Rs. 2200 D. Rs.2500
B. Rs. 2000
C. Rs. 2200 D. Rs.2500
Anonymous Quiz
38%
A
25%
B
14%
C
24%
D
Deduction under section 80C of the Income Tax Act from the gross total Income of an assessee is allowed to:
A. An Individual
B. An H.U.F C) Both an Individual and HUF (answer) D) Firm
A. An Individual
B. An H.U.F C) Both an Individual and HUF (answer) D) Firm
Anonymous Quiz
26%
A
19%
B
50%
C
5%
D
Annual value of one self-occupied house property is:
A. Standard Rent
B. Fair Rent C. Municipal Rent D. Nil
A. Standard Rent
B. Fair Rent C. Municipal Rent D. Nil
Anonymous Quiz
29%
A
18%
B
17%
C
37%
D
An indian citizen is leaving india during the previous year for taking an employment in England. For how many days atleast he must stay in india during the previous year in order to be resident?
A. 182
B. 90 C. 180 D. 150
A. 182
B. 90 C. 180 D. 150
Anonymous Quiz
62%
A
14%
B
21%
C
3%
D
Which of the following is not the source of the revenue of the Central Govt ? A. Personal Income Tax
B. Corporate Tax
C. Trade Tax D. Central Excise Duty
B. Corporate Tax
C. Trade Tax D. Central Excise Duty
Anonymous Quiz
32%
A
16%
B
34%
C
18%
D
Which of the following are related to non probability sampling techniques?
1. Cluster sampling.
2. Shopping mall intercept sampling 3. Quota sampling
4. Snowball sampling
5. Stratified Sampling
Options:
1. 1,2 and 4
2. 2,3 and 4
3. 1,3 and 4
4. All of the above
1. Cluster sampling.
2. Shopping mall intercept sampling 3. Quota sampling
4. Snowball sampling
5. Stratified Sampling
Options:
1. 1,2 and 4
2. 2,3 and 4
3. 1,3 and 4
4. All of the above
Which of the following act refers to manipulating research materials, or changing or omitting data or results such that the research is not accurately represented in the research record.
1. Fabrication
2. Falsification 3. Plagiarism 4. None of the above
1. Fabrication
2. Falsification 3. Plagiarism 4. None of the above
Anonymous Quiz
23%
1
33%
2
36%
3
8%
4
Which of the following below is/are the key characteristics of Research Design?
a. Neutrality
b. Reliability
c. Validity
d. Generalization e. Observational f. Statistics
Options
1. a,b,c and e
2 a,c, d and e
3. a,b,c,d and e
4. a, b, c and d
a. Neutrality
b. Reliability
c. Validity
d. Generalization e. Observational f. Statistics
Options
1. a,b,c and e
2 a,c, d and e
3. a,b,c,d and e
4. a, b, c and d
A market research is conducted on ready to eat food at two different points of time T1 and T2 with a gap of 4 months. Which among the following research study is used by the researcher?
Anonymous Quiz
37%
Longitudinal Study
33%
Cross Sectional Study
18%
Descriptive Study
11%
Any of the above
The experimental studies are based on
(a) The manipulation of the variables
(b) Conceptual parameters (c) Replication of research (d) Survey of literature
(a) The manipulation of the variables
(b) Conceptual parameters (c) Replication of research (d) Survey of literature
Anonymous Quiz
37%
a
26%
b
18%
c
19%
d
Which of the following includes examples of quantitative variables?
(a) Age, temperature, income and height.
(b)Grade point average, anxiety level and reading . performance. (c) Gender, religion and ethnic group. (d)Both (a) and (b)
(a) Age, temperature, income and height.
(b)Grade point average, anxiety level and reading . performance. (c) Gender, religion and ethnic group. (d)Both (a) and (b)
Anonymous Quiz
38%
a
17%
b
12%
c
33%
d