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Browse complete papersThe liability of Karta in a Joint Hindu Family is
Limited to his interest in the Joint Hindu Family
unlimited
Limited to the entire property of family
Limited to the private properties of all the members.
None of the above
Correct answer
Limited to his interest in the Joint Hindu Family
With reference to the investment schemes of India, what does the second 'P' stand for in 'PPF'?
Prudent
Programme
Provident
Price
None of the above
Correct answer
Prudent
How many types of cheques are there as per the Negotiable Instruments Act,1881?
4
6
5
3
9
Correct answer
4
Visa Inc.is headquartered in ________.
Alabama
California
Wyoming
Ohio
Florida
Correct answer
Alabama
Maximum period for which a commercial paper can be issued is
3 months
6 months
1 year
2 years
None of these
Correct answer
3 months
What is the maximum limit for NEFT transactions for walk-in customers depositing cash at bank branches?
Rs. 10,000
Rs. 25,000
Rs. 50,000
Rs. 1,00,000
No limit
Correct answer
Rs. 10,000
What is the name of the form submitted by senior citizens to avoid TDS on interest income if it is below the exemption limit?
Form 16
Form 26AS
Form 15G
Form 15H
Form 10E
Correct answer
Form 16
For cash transactions above what amount is the PAN card mandatory as per Section 269ST of the Income Tax Act?
₹50,000
₹1,00,000
₹1,50,000
₹2,00,000
₹5,00,000
Correct answer
₹50,000
What is the full form of UIDAI in the context of India's identification system?
Unique Identification Authority of India
Universal Identification and Data Access Initiative
United India Digital Authentication Institute
Unified Identity and Data Aggregator of India
Unique International Digital Authentication Institute
Correct answer
Unique Identification Authority of India
The Negotiable Instrument Act, 1881 was enacted on 9 December 1881 and came into force on 1 March 1882. How many total sections are there in the Negotiable Instruments Act,1881?
147
153
149
162
None of the above
Correct answer
147