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Forwarded from DT MCQ
There were 16,345 more crorepatis in the 2018-19 assessment year (AY) in the country compared to the previous year.However, income inequality remained stark as over 99 per cent of the return filers earned up to Rs 10 lakh.

Around 13.9 per cent of the return filers earned up to Rs 2.5 lakh, which is a threshold for income tax.More than 60 per cent of those filing taxes earn gross income up to Rs 5 lakh in AY19.
Govt invites bids from advisers for strategic disinvestment of 3 PSUs

The government has kicked off strategic disinvestment exercise for this fiscal by inviting bids from advisers for sale of its controlling stake in three PSUs of Container Corporation of India (Concor), North Eastern Electric Power Corporation (NEEPCO) and THDC India.

Besides, the Cabinet has given its nod to sell the government's entire 53.29 per cent stake in Bharat Petroleum Corporation Ltd and its 63.75 per cent stake in Shipping Corporation of India (SCI).

The strategic disinvestment of the five PSUs is expected to fetch Rs 60,000 crore to the exchequer.
Q323 Correct Answer is (d)
Q324 Correct Answer is (b)
Q325
In order to compare two or more related series, we consider –
Anonymous Poll
20%
(a) Multiple bar chart
11%
(b) Grouped bar chart
9%
(c) Line graph
59%
(d) Both (a) or (b)
Q325 Correct Answer is (d)
Q326 Correct Answer is (c)
Q327
Primary responsibility for the adequacy of financial statement disclosures rest with the:
Anonymous Poll
39%
(a) Auditor
53%
(b) Management
6%
(c) Auditor’s staff
2%
(d) Central Government
Reliance Industries (RIL) is expected to report a strong quarter for the July-September period. Analysts expect refining to offset weakness in petrochemicals (petchem) and a lower tax rate benefit for the retail and telecom businesses.

RIL will report its financial performance for the September 2019 quarter on Friday.In a Bloomberg poll, 10 analysts estimated RIL’s consolidated net profit at Rs 11,256 crore and nine analysts estimated revenue at Rs 1.5 trillion
Q327 Correct Answer is (b)
Q328 Correct Answer is (d)
Q330
In which method of production with job production, the complete task is handled by a single worker or group of workers
Anonymous Poll
72%
(a) Job Method
17%
(b) Batch Method
6%
(c) Contractual Method
5%
(d) Flow Method
Q329 Correct Answer is (b)