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Play 10 MCQ Quiz-(Reload Quiz) QUIZ START #1. Deduction u/s 80C is not allowed to be deducted from which of the following income? All the other three Lottery/ cross word/ gambling/ betting income LTCG u/s 112 STCG u/s 111A Previous Next #2. Which of the following is not a method to be used to cope with cost escalation? Providing Buffer Outsource Reduce Scope using Forward pricing Previous Next #3. In FY 2020-21, An option of reduced tax rates is provided u/s 115BAC to Individual & HUF, but in new slab rate which of the following is not considered:- Surcharge Progressive tax Different age groups Education Cess Previous Next #4. In which of the following cases the evidence given by the witness will NOT be relevant under section 33 of the Indian Evidence Act, 1872? When the witness is dead When the witness is staying abroad When witness cannot be found When the witness is in coma Previous Next #5. Mortgage is a————————————————————– Security for a loan on Immovable property Security for a loan on movable property cash credit limit sanctioned by the bank Security for a loan on Fixed deposit Previous Next #6. Which five-year plan focused on “Growth with social justice and equity”. 7th (1985-1990) 8th (1992-1997) 6th (1980-1985) 9th (1997-2002) Previous Next #7. To opt for the Special slab rates U/s 115BAC for new tax regime, which of the following benefits need not be forgone by the taxpayers:- Exemption of LTC U/s 10(5) Deductions U/s 80C Deduction for self contribution towards NPS u/s 80CCD(1B) Deduction for employer contribution toward NPS u/s 80CCD(2) Previous Next #8. Which is the first company to be resolved through corporate insolvency resolution process under the Insolvency and bankruptcy Code 2016? Nico Corporation Ltd. Bhusan Steel Ltd. Synergies Dooray Automotives Ltd. DHFL Previous Next #9. Who sign Five rupee note of Indian Currency? Finance Minister CMD of State Bank of India RBI Governor Finance Secretary Previous Next #10. The Government’s Vivad Se Vishvas Scheme is related to…….. Direct tax Indirect Tax Both of these None of these Previous Finish Results

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