The fringe benefit tax was introduced in the budget of from Gene

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171.

The fringe benefit tax was introduced in the budget of

  • 2003-04

  • 2004-05

  • 2005-06

  • 2006-07


C.

2005-06

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172.

In the Budget estimates for 2011-12, an allocation of Rs 400 crore has been made to bring in a green revolution in the East in the cropping system of

  • Wheat

  • Rice

  • Jowar

  • Pulses

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173.

As announced by the Finance Minister in his budget speech on 28-2-2011, the income tax exemption limit for individuals other than senior citizens and women has been raised to

  • Rs 180000

  • Rs 190000

  • Rs 200000

  • Rs 250000

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174.

In the Railway Budget for 2011- 12,  an outlay of Rs 57360 crore has been announced for adding new lines with length of

  • 1000 km

  • 1200 km

  • 1300 km

  • 1500 km

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175.

The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called

  • Cash reserves

  • Deposit reserves

  • Excess reserves

  • Momentary reserves

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176.

Who is authorised to issue coins in India?

  • Reserve Bank of India

  • Ministry of Finance

  • State Bank of India

  • Indian Overseas Bank

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177.

The 'break-even' point is where

  • marginal revenue equals marginal cost

  • average revenue equals average cost

  • total revenue equals total cost

  • None of the above

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178.

Rate of interest is determined by

  • The rate of return on the capital invested

  • Central Government

  • Liquidity preference

  • Commerical Banks

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179.

The monetary policy in India is formulated by

  • Central Government

  • Industrial Financial Corporation of India

  • Reserve Bank of India

  • Industrial Development Bank of India

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180.

A short-term government security paper is called

  • share

  • debenture

  • mutual fund

  • treasury bill

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