What is the upper transaction limit of UPI system? A. 1 lakh B. 2 lakh C. 5 lakh D. 10 lakh E. No limit

What is the upper transaction limit of UPI system? A. 1 lakh B. 2 lakh C. 5 lakh D. 10 lakh E. No limit
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A. 1 lakh Explanation: The upper transaction limit of UPI is Rs.1 lakh.
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Which of the following is the Slogan of UPI(Unified Payment Interface)? A. Less Amount More Digital B. Less Cash More Transaction C. Less Cashflow More Digital D. Less Circulation More Digital E. Less Cash More Digital

Description : Which of the following is the Slogan of UPI(Unified Payment Interface)? A. Less Amount More Digital B. Less Cash More Transaction C. Less Cashflow More Digital D. Less Circulation More Digital E. Less Cash More Digital

Last Answer : E. Less Cash More Digital Explanation: Less cash more digital is the Slogan of UPI(Unified Payment Interface)

A house and shop were sold for Rs. 1 lakh each. In this transaction the house sell resulted into 20% loss whereas the shop sell resulted into 20% of profit. The entire transaction resulted in: A. no loss no gain B. loss of Rs 1/12 lakh C. loss of Rs 4lakh D. gain of Rs 6lakh

Description : A house and shop were sold for Rs. 1 lakh each. In this transaction the house sell resulted into 20% loss whereas the shop sell resulted into 20% of profit. The entire transaction resulted in: A. no loss no gain B. loss of Rs 1/12 lakh C. loss of Rs 4lakh D. gain of Rs 6lakh

Last Answer : Answer – B (loss of Rs. 1/12 lakh) Explanation – Total S.P = Rs. 2 lakh. C.P of house = Rs. (100/80 x 1)lakh = Rs 5/4 lakh C.P of shop = Rs. (100/120 x 1)lakh = Rs. 5/6 lakh Total C.P = Rs. (5/4 + 5/6)lakh = Rs. 25/12 lakh ∴ loss = Rs.(25/12 – 2)lakh = Rs. 1/12 lakh.

A man sells two houses at the rate of Rs.1.995 lakh each. On one he gains 5% and on the other he loses 5%. His gain or loss per cent in the whole transaction is a) 0.25% loss b) 0.25% gain c) 2.5% loss d) 2.5% gain e) 1.25% loss

Description : A man sells two houses at the rate of Rs.1.995 lakh each. On one he gains 5% and on the other he loses 5%. His gain or loss per cent in the whole transaction is a) 0.25% loss b) 0.25% gain c) 2.5% loss d) 2.5% gain e) 1.25% loss

Last Answer : a) 0.25% loss

Unified Payment System (UPI), a common platform which links your _________ to a virtual payment address, effectively making money transfer as easy as an SMS. A. Bank Account Number B. IFSC Code C. Virtual Address D. All of the Above E. None of the Above.

Description : Unified Payment System (UPI), a common platform which links your _________ to a virtual payment address, effectively making money transfer as easy as an SMS. A. Bank Account Number B. IFSC Code C. Virtual Address D. All of the Above E. None of the Above.

Last Answer : A. Bank Account Number Explanation: Unified Payment System (UPI), a common platform which links your bank account number to a virtual payment address, effectively making money transfer as easy as an SMS.

Customers using the UPI system only share _____ A. Bank Account Number B. IFSC Code C. Virtual Address D. All of the Above E. None of the Above.

Description : Customers using the UPI system only share _____ A. Bank Account Number B. IFSC Code C. Virtual Address D. All of the Above E. None of the Above.

Last Answer : C. Virtual Address Explanation: Customers using the system do not have to disclose any sensitive information such as bank account numbers or IFSC codes during a financial transaction. It is safe as the customers only share a virtual address and provide no other sensitive information.

Maximum value of transaction for e-SBTR should be _________ A. Rs.1000 B. Rs.2000 C. Rs.3000 D. Rs.5000 E. No limit

Description : Maximum value of transaction for e-SBTR should be _________ A. Rs.1000 B. Rs.2000 C. Rs.3000 D. Rs.5000 E. No limit

Last Answer : E. No limit Explanation: There is no maximum limit.

Minimum value of transaction for e-SBTR should be _______ A. Rs.1000 B. Rs.2000 C. Rs.3000 D. Rs.5000 E. No limit

Description : Minimum value of transaction for e-SBTR should be _______ A. Rs.1000 B. Rs.2000 C. Rs.3000 D. Rs.5000 E. No limit

Last Answer : D. Rs.5000 Explanation: Minimum value of transaction for e-SBTR should be Rs.5,000.

Axis Bank has tied up with which payments company to operate its Unified Payments Interface (UPI) enabled app? A) PayU B) Paytm C) Freecharge D) Mobikwik E) Oxigen

Description : Axis Bank has tied up with which payments company to operate its Unified Payments Interface (UPI) enabled app? A) PayU B) Paytm C) Freecharge D) Mobikwik E) Oxigen

Last Answer : C) Freecharge Explanation: Country‘s third largest private sector lender Axis Bank said it is ready with a Unified Payments Interface (UPI) app, while it also announced a tie-up with digital payments company Freecharge for it.

For customers of how many banks, the UPI mobile application is going to launch in the first phase? A) 21 B) 19 C) 15 D) 25 E) None of these

Description : For customers of how many banks, the UPI mobile application is going to launch in the first phase? A) 21 B) 19 C) 15 D) 25 E) None of these

Last Answer : A) 21 Explanation: According to NPCI, the UPI application of 19 banks can be downloaded from Google Play Store in next two to three working days. The list of banks providing the app on Google ... k The customers of IDBI Bank and RBL Bank can download any UPI enabled apps and link their account.

UPI will eliminate the need of entering ________ details A. Bank Account Number B. IFSC Code C. CVV code D. All of the Above E. None of the Above.

Description : UPI will eliminate the need of entering ________ details A. Bank Account Number B. IFSC Code C. CVV code D. All of the Above E. None of the Above.

Last Answer : D. All of the Above Explanation: UPI can be used for shopping at the supermarket, or online shopping as well. It will eliminate the need of entering card details such as number, expiry date, CVV code and OTP.

In UPI, we can Send money to any bank account through mobile without entering ____________ A. debit/credit card details B. net banking/wallet password C. receiver‘s account number. D. All of the Above E. None of the Above.

Description : In UPI, we can Send money to any bank account through mobile without entering ____________ A. debit/credit card details B. net banking/wallet password C. receiver‘s account number. D. All of the Above E. None of the Above.

Last Answer : D. All of the Above Explanation: Send money up to Rs 1 lakh to any bank account through the mobile without entering debit/credit card details, net banking/wallet password or even knowing the receiver‘s account number.

Which of the following is the format of Virtual Address in UPI? A. [name] @ [bank name] B. [Phone number] @ [bank name] C. [name] @ [bank branch name] D. Both (A) and (B) E. Both (B) and (C)

Description : Which of the following is the format of Virtual Address in UPI? A. [name] @ [bank name] B. [Phone number] @ [bank name] C. [name] @ [bank branch name] D. Both (A) and (B) E. Both (B) and (C)

Last Answer : D. Both (A) and (B) Explanation: Instead of account details, the receiver can share a virtual address, which can be your name, or your phone number and the sender can ... your phone number is 1234567890, then your virtual address could be 1234567890@axisbank or 1234567890@icicibank and so on.

Which of the following is the parent organisation of UPI? A. RBI B. GOI C. NPCI D. All of the Above E. None of the Above.

Description : Which of the following is the parent organisation of UPI? A. RBI B. GOI C. NPCI D. All of the Above E. None of the Above.

Last Answer : C. NPCI Explanation: National Payments Corporation of India(NPCI) is the parent organisation of UPI(Unified Payment Interface)

MIS account in multiple of Rs. 1500/- can be made instead of Rs. 1000/- MIS and the maximum limit of investment in a single account has been raised from Rs. 3 lakh to Rs. 4.5 lakh and in joint account opened by two or three adults; the maximum limit has been raised from Rs. 6 lakh to Rs. 9 Lakh. Wef a) 01.8.2007 b) 12.5.2008 c) 30.08.2009 d) None of these

Description : MIS account in multiple of Rs. 1500/- can be made instead of Rs. 1000/- MIS and the maximum limit of investment in a single account has been raised from Rs. 3 lakh to Rs. 4.5 lakh and in joint account opened by two ... to Rs. 9 Lakh. Wef a) 01.8.2007 b) 12.5.2008 c) 30.08.2009 d) None of these

Last Answer : a) 01.8.2007

The limit of expenditure in legislative constituencies, has been raised in February 2011 to- 16 lakh

Description : The limit of expenditure in legislative constituencies, has been raised in February 2011 to- 16 lakh

Last Answer : Four or more sta

RBI has eased norms in cheque dishonour cases of Rs ______ and above. A) 50 lakh B) 1 crore C) 1 lakh D) 10 crore E) 5 crore

Description : RBI has eased norms in cheque dishonour cases of Rs ______ and above. A) 50 lakh B) 1 crore C) 1 lakh D) 10 crore E) 5 crore

Last Answer : B) 1 crore Explanation: Relaxing chequebook norms, the Reserve Bank today left it to the lender s discretion on whether to issue fresh chequebooks or not in cases of dishonour of Rs 1 crore and ... valuing Rs 1 crore and above on four occasions during a financial year for want of sufficient funds.

The paid up capital and collected funds of scheduled bank must not be less than _________ A. Rs. 10 lakh B. Rs. 20 lakh C. Rs. 15 lakh D. Rs. 5 lakh E. None of the Above

Description : The paid up capital and collected funds of scheduled bank must not be less than _________ A. Rs. 10 lakh B. Rs. 20 lakh C. Rs. 15 lakh D. Rs. 5 lakh E. None of the Above

Last Answer : D. Rs. 5 lakh Explanation: Banks under in the second schedule of RBI Act, 1934 are called scheduled bank.To qualify as a scheduled bank, the paid up capital and collected funds of the bank must ... for loans from the Reserve Bank of India at bank rate, and are given membership to clearing houses.

The paid-up capital of non-scheduled bank is less than _____ A. Rs. 10 lakh B. Rs. 20 lakh C. Rs. 15 lakh D. Rs. 5 lakh E. None of the Above

Description : The paid-up capital of non-scheduled bank is less than _____ A. Rs. 10 lakh B. Rs. 20 lakh C. Rs. 15 lakh D. Rs. 5 lakh E. None of the Above

Last Answer : D. Rs. 5 lakh Explanation: Banks not under in the second schedule of RBI Act, 1934 are called non-scheduled banks. Banks with a reserve capital of less than 5 lakh rupees qualify as non ... emergency or -abnormal circumstances. Jammu & Kashmir Bank is an example of a non-scheduled commercial bank.

The monetary ceiling of amount for settlement through Lok Adalat is _________ A. 5 lakh B. 10 lakh C. 15 lakh D. 20 lakh E. None of the Above

Description : The monetary ceiling of amount for settlement through Lok Adalat is _________ A. 5 lakh B. 10 lakh C. 15 lakh D. 20 lakh E. None of the Above

Last Answer : D. 20 lakh Explanation: The monetary ceiling of amount for settlement through Lok Adalat is INR 20 Lakh

In NEFT, What is the charge for transactions above Rs 10,000 upto Rs.1 lakh? A. not exceeding Rs 2.50 (+ Service Tax) B. not exceeding Rs 5 (+ Service Tax) C. not exceeding Rs 15 (+ Service Tax) D. None of the Above

Description : In NEFT, What is the charge for transactions above Rs 10,000 upto Rs.1 lakh? A. not exceeding Rs 2.50 (+ Service Tax) B. not exceeding Rs 5 (+ Service Tax) C. not exceeding Rs 15 (+ Service Tax) D. None of the Above

Last Answer : B. not exceeding Rs 5 (+ Service Tax) Explanation: Outward transactions at originating bank branches – charges applicable for the remitter For transactions above Rs 10,000 up to Rs 1 lakh: not exceeding Rs 5 (+ Service Tax)

In National Savings Certificates, investment up to ________ per annum qualifies for IT Rebate under section 80C of Income Tax Act. A. Rs.10 lakh B. Rs.2 lakh C. Rs.5 lakh D. Rs.1 lakh

Description : In National Savings Certificates, investment up to ________ per annum qualifies for IT Rebate under section 80C of Income Tax Act. A. Rs.10 lakh B. Rs.2 lakh C. Rs.5 lakh D. Rs.1 lakh

Last Answer : D. Rs.1 lakh Explanation: There is no maximum limit for investment. Certificates can be kept as collateral security to get loan from banks. Investment up to INR 1,00,000/- per annum qualifies for ... Tax Act. Trust and HUF cannot invest. Rate of interest effective from 1st April 2016 is 8.10%

UPI is the abbreviation of: A. United Press of India B. United Press of Indonesia C. United Press International D. None of these

Description : UPI is the abbreviation of: A. United Press of India B. United Press of Indonesia C. United Press International D. None of these

Last Answer : A. United Press of India

Payment banks can accept a restricted deposit which is currently limited to _______ per customer account. A. Rs.1 lakh B. Rs.3 lakh C. Rs.2 lakh D. Rs.5 lakh E. None of the Above

Description : Payment banks can accept a restricted deposit which is currently limited to _______ per customer account. A. Rs.1 lakh B. Rs.3 lakh C. Rs.2 lakh D. Rs.5 lakh E. None of the Above

Last Answer : A. Rs.1 lakh Explanation: Payment banks can accept a restricted deposit which is currently limited to Rs. 1 lakh per customer account.

How much amount is going to be disbursed by banks under Pradhan Mantri Mudra Yojana in FY‟17? A) Rs 2.80 lakh crore B) Rs 1.50 lakh crore C) Rs 1.80 lakh crore D) Rs 1.30 lakh crore E) Rs 1.20 lakh crore

Description : How much amount is going to be disbursed by banks under Pradhan Mantri Mudra Yojana in FY‟17? A) Rs 2.80 lakh crore B) Rs 1.50 lakh crore C) Rs 1.80 lakh crore D) Rs 1.30 lakh crore E) Rs 1.20 lakh crore

Last Answer : C) Rs 1.80 lakh crore Explanation: Having met the target last year, banks are expected to disburse Rs 1.80 lakh crore loans under the Pradhan Mantri Mudra Yojana (PMMY) in the current fiscal, ... Sinha said today. Last year, 3.5 crore beneficiaries availed Rs 1.22 lakh crore loans under PMMY.

Maximum loan amount to individuals against security shares can be _____ A. 20 lakh B. 15 lakh C. 25 lakh D. 50 lakh E. other than those given as options

Description : Maximum loan amount to individuals against security shares can be _____ A. 20 lakh B. 15 lakh C. 25 lakh D. 50 lakh E. other than those given as options

Last Answer : A. 20 lakh Explanation: Loans/ advances granted to individuals against the security of shares, debentures and PSU bonds should not exceed Rs.10 lakh and Rs.20 lakh, if the securities are held in physical form and dematerialized form respectively.

According to RBI guidelines the term „bulk deposit‟ is used for single rupee term deposit of ________ A. Rs. 1 crore and above B. Rs, 25 lakh and above C. Rs, 75 lakh and above D. Rs, 50 lakh and above E. Rs, 15 lakh and above

Description : According to RBI guidelines the term „bulk deposit‟ is used for single rupee term deposit of ________ A. Rs. 1 crore and above B. Rs, 25 lakh and above C. Rs, 75 lakh and above D. Rs, 50 lakh and above E. Rs, 15 lakh and above

Last Answer : A. Rs. 1 crore and above Explanation: Bulk Deposit means single Rupee term deposits of 1 Crore and above.

In NEFT What is the charge for transactions above Rs 1 lakh and upto Rs.2 lakh? A. not exceeding Rs 2.50 (+ Service Tax) B. not exceeding Rs 5 (+ Service Tax) C. not exceeding Rs 15 (+ Service Tax) D. None of the Above

Description : In NEFT What is the charge for transactions above Rs 1 lakh and upto Rs.2 lakh? A. not exceeding Rs 2.50 (+ Service Tax) B. not exceeding Rs 5 (+ Service Tax) C. not exceeding Rs 15 (+ Service Tax) D. None of the Above

Last Answer : C. not exceeding Rs 15 (+ Service Tax) Explanation: Outward transactions at originating bank branches – charges applicable for the remitter For transactions above Rs 1 lakh and up to Rs 2 lakhs: not exceeding Rs 15 (+ Service Tax)

Opening WDV off the block of assets was Rs 15 lakh. During the year, asset was acquired under this block on 15 June 2017 amounting to rupees 10 lakh. One of the assets falling within the block was sold for rupees 5.5 lakh on 14 January 2018. Rate of depreciation of block is 10%. Calculate the amount of depreciation available during the previous year for the block. e. rupees 1.95 lakh f. rupees 2.5 lakh g. rupees 2.25 lakh h. Rs 1.45 lakh

Description : Opening WDV off the block of assets was Rs 15 lakh. During the year, asset was acquired under this block on 15 June 2017 amounting to rupees 10 lakh. One of the assets falling within the block was sold for rupees 5.5 ... . rupees 1.95 lakh f. rupees 2.5 lakh g. rupees 2.25 lakh h. Rs 1.45 lakh

Last Answer : e. rupees 1.95 lakh

Mark the correct option relating to age limit a) For WLI & EA policies the insurant should not be less than 19 year an not more than 55 year on the date of next birthday b) For CWLA the upper age limit is 50 year c) The max age limit for 15 and 20 year AEA is 45 and 40 respectively d) Under Ugal suraksha policy age at entry of both the spouses should not be less than 21 year and not more than 45 year. e) All the above

Description : Mark the correct option relating to age limit a) For WLI & EA policies the insurant should not be less than 19 year an not more than 55 year on the date of next birthday b) For CWLA the upper age ... of both the spouses should not be less than 21 year and not more than 45 year. e) All the above

Last Answer : e) All the above

Maximum issue is a. the upper limit in thousands of dollars that teams can issue in stock this year. b. amount in thousands of dollars that teams wish to issue in stock. c. upper limit of stock that can be bought back in thousands of dollars. d. amount of stock, if any, to buy back. e. none of the above.

Description : Maximum issue is a. the upper limit in thousands of dollars that teams can issue in stock this year. b. amount in thousands of dollars that teams wish to issue in stock. c. upper limit of stock that can be ... thousands of dollars. d. amount of stock, if any, to buy back. e. none of the above.

Last Answer : a. the upper limit in thousands of dollars that teams can issue in stock this year.

An upper limit of oil content is limited to about __________ percent for achieving efficient and satisfactory level of wax sweating. (A) 5 (B) 15 (C) 40 (D) 60

Description : An upper limit of oil content is limited to about __________ percent for achieving efficient and satisfactory level of wax sweating. (A) 5 (B) 15 (C) 40 (D) 60

Last Answer : (C) 40

Opening WDV off the block of assets was Rs 15 lakh. During the year, asset was acquired under this block on 15 January 2018 amounting to rupees 10 lakh. One of the assets falling within the block was sold for rupees 5.5 lakh on 14 January 2018. Rate of depreciation of block is 10%. Calculate the amount of depreciation available during the previous year. a. rupees 1.95 lakh b. rupees 2.5 lakh c. rupees 2.25 lakh d. Rs 1.45 lakh

Description : Opening WDV off the block of assets was Rs 15 lakh. During the year, asset was acquired under this block on 15 January 2018 amounting to rupees 10 lakh. One of the assets falling within the block was sold for rupees 5.5 ... rupees 1.95 lakh b. rupees 2.5 lakh c. rupees 2.25 lakh d. Rs 1.45 lakh

Last Answer : d. Rs 1.45 lakh

Raman & Co., a Partnership firm, received Rs.5 lakh from Insurance Company under Keyman Insurance Policy consequent to demise of Partner Pramod. The amount of premium of Rs.230000 paid earlier was claimed as deduction u/s 37 by the firm. a) Tax-free u/s 10(10D) b) Fully taxable as Income c) Rs.270000 is taxable d) Rs.230000 is taxable

Description : Raman & Co., a Partnership firm, received Rs.5 lakh from Insurance Company under Keyman Insurance Policy consequent to demise of Partner Pramod. The amount of premium of Rs.230000 paid earlier was claimed as ... ) b) Fully taxable as Income c) Rs.270000 is taxable d) Rs.230000 is taxable

Last Answer : d) Rs.230000 is taxable

Opening WDV of the block of assets was Rs.15 lakh. During the year, asset was acquired under this block on 15th June2017 amounting to Rs. 10 Lakh. Rate of depreciation of the block is 15%. Calculate the amount of depreciation available during the P.Y. a) Rs. 3.5 Lakh b) Rs. 3.75 lakh c) Rs. 3.00 lakh d) Rs.2.25 Lakh

Description : Opening WDV of the block of assets was Rs.15 lakh. During the year, asset was acquired under this block on 15th June2017 amounting to Rs. 10 Lakh. Rate of depreciation of the block is 15%. Calculate the amount of depreciation ... 3.5 Lakh b) Rs. 3.75 lakh c) Rs. 3.00 lakh d) Rs.2.25 Lakh

Last Answer : b) Rs. 3.75 lakh

P,Q, R enter into a partnership.P initially invests Rs 54 lakh and withdraws Rs 18 lakhs after 4 years. Q initially Rs 72 lakh ans adds another Rs 18 lakhs after 6 years and R invests Rs 108 lakh and adds another Rs 18 lakh few years. At the end of 10 years profit Of R is equal to sum of profit of P and Q. Then for how many years did R invests Rs 126 lakh per annum A) 5 B) 7 C) 8 D) 11

Description : P,Q, R enter into a partnership.P initially invests Rs 54 lakh and withdraws Rs 18 lakhs after 4 years. Q initially Rs 72 lakh ans adds another Rs 18 lakhs after 6 years and R invests Rs 108 lakh and adds another ... Then for how many years did R invests Rs 126 lakh per annum A) 5 B) 7 C) 8 D) 11 

Last Answer : Answer: C) Ratio of their profit P, Q, R is 54*4+36*6:72*6+90*4:108*x+126*(10-x) =12:22:35 - 0.5x Profit of R=profit of P +profit of Q 35-0.5x=12+22 X=2 year The number of years for R invests Rs 126 lakh =10-2=8years

Is there an upper age limit for a possible organ donor?

Description : Is there an upper age limit for a possible organ donor?

Last Answer : I want to say it's 60. A couple years ago, my wife and I went to a local fair where they registered people for Bone Marrow, and they told us then that they would keep our records on file ... t want it. I realize Marrow is different than organs, but I would guess the guidelines they use are similar.

If m is the mid-point and l is the upper class limit of a class in a continuous frequency distribution, then lower class limit of the class is -Maths 9th

Description : If m is the mid-point and l is the upper class limit of a class in a continuous frequency distribution, then lower class limit of the class is -Maths 9th

Last Answer : NEED ANSWER

If m is the mid-point and l is the upper class limit of a class in a continuous frequency distribution, then lower class limit of the class is -Maths 9th

Description : If m is the mid-point and l is the upper class limit of a class in a continuous frequency distribution, then lower class limit of the class is -Maths 9th

Last Answer : (b) Let x and y be the lower and upper class limit of a continuous frequency distribution. Now, mid-point of a class = (x + y)/2 = m [given] ⇒ x + y = 2 m =x + l = 2m [∴ y = l = upper class limit (given)] ⇒ x = 2 m-l Hence, the lower class limit of the class is 2m – l.

What is the upper limit of a dog's audibility ?

Description : What is the upper limit of a dog's audibility ?

Last Answer : 35000 Hz Dog auditory upper limit.

What is the upper age limit , to get long distance truck driver jobs?

Description : What is the upper age limit , to get long distance truck driver jobs?

Last Answer : Most people will not hire people under 18 and over the age of about 50 for truck driving jobs. They are looking for people who can stay awake, and get the job done. They do not want ... 40 years old. The age upper limit is unofficial but most companies prefer younger drivers to avoid accidents.

Upper safe limit of fluorine in water is (A) 0.4 ppm (B) 0.8 ppm (C) 1.2 ppm (D) 2 ppm

Description : Upper safe limit of fluorine in water is (A) 0.4 ppm (B) 0.8 ppm (C) 1.2 ppm (D) 2 ppm

Last Answer : Answer : C

The upper limit of investment in plant and machinery for small-scale industries has been fixed currently at - (1) Rs. 35 lakhs (2) Rs. 45 lakhs (3) Rs. 60 lakhs (4) Rs. 1 crore

Description : The upper limit of investment in plant and machinery for small-scale industries has been fixed currently at - (1) Rs. 35 lakhs (2) Rs. 45 lakhs (3) Rs. 60 lakhs (4) Rs. 1 crore

Last Answer : (4) Rs. 1 crore Explanation: The upper limit of investment in plant and machinery for small-scale industries has been fixed at Rs. one crore.

A simple steam engine receives steam from the boiler at 180˚C and exhausts directly into the air at 100˚C. What is the upper limit of its efficiency?  a. 11.28 %  b. 36.77 %  c. 20.36 %  d. 17.66 %

Description : A simple steam engine receives steam from the boiler at 180˚C and exhausts directly into the air at 100˚C. What is the upper limit of its efficiency?  a. 11.28 %  b. 36.77 %  c. 20.36 %  d. 17.66 %

Last Answer : 17.66 %

The ideal moisture content for the soil primary tillage operation a) Upper plastic limit of the soil b) Lower plastic limit c) Wilting Point d) All of the above

Description : The ideal moisture content for the soil primary tillage operation a) Upper plastic limit of the soil b) Lower plastic limit c) Wilting Point d) All of the above

Last Answer : a) Upper plastic limit of the soil

The upper limit of investment in plant and machinery for smallscale industries has been fixed currently at (1) 35 lakhs (2) 45 lakhs (3) 60 lakhs (4) 1 crore

Description : The upper limit of investment in plant and machinery for smallscale industries has been fixed currently at (1) 35 lakhs (2) 45 lakhs (3) 60 lakhs (4) 1 crore

Last Answer : 1 crore

The cost of replacement of inefficient chiller with an energy efficient chiller in a plant was Rs. 10 lakh .The net annual cash flow is Rs 2.50 lakh .The return on investment is: a) 18% b) 20% c) 15 % d) none of the above

Description : The cost of replacement of inefficient chiller with an energy efficient chiller in a plant was Rs. 10 lakh .The net annual cash flow is Rs 2.50 lakh .The return on investment is: a) 18% b) 20% c) 15 % d) none of the above

Last Answer : d) none of the above

XYZ company has 50 lakh shares outstanding and plans to raise Rs.20 lakh by offering 10 lakh shares at Rs.2 per share. What is XYZ's post-money valuation? a) Rs.1.20 crore b) Rs.1 crore c) Rs.50 lakh d) Rs.2 crore

Description : XYZ company has 50 lakh shares outstanding and plans to raise Rs.20 lakh by offering 10 lakh shares at Rs.2 per share. What is XYZ's post-money valuation? a) Rs.1.20 crore b) Rs.1 crore c) Rs.50 lakh d) Rs.2 crore

Last Answer : a) Rs.1.20 crore

HSK, an LLP has taken keyman insurance policy on the life of its managing partner. The policy got matured on 13th September 2017 and an amount of rupees 75 lakhs was paid by the insurers to the Managing partner. The amount so received on maturity of the policy a. fully exempt under section 10(10D) b. 50% of rupees 75 lakh is exempt c. rupees 75 lakh is taxable d. rupee 25 lakh is exempt and Rs 50 lakh is taxable

Description : HSK, an LLP has taken keyman insurance policy on the life of its managing partner. The policy got matured on 13th September 2017 and an amount of rupees 75 lakhs was paid by the insurers to the Managing partner ... c. rupees 75 lakh is taxable d. rupee 25 lakh is exempt and Rs 50 lakh is taxable

Last Answer : c. rupees 75 lakh is taxable

Fee for filing complaints before district forum up to one lakh is a) 25 rupees b) 50 rupees c) 100 rupees d) No fee

Description : Fee for filing complaints before district forum up to one lakh is a) 25 rupees b) 50 rupees c) 100 rupees d) No fee

Last Answer : c) 100 rupees

R, an assessee carries on business in respect of which it holds tenancy rights. It carries out improvements to the said building at a cost of Rs. 2 lakhs and claims depreciation @ 10% thereon. Which one of the following is the correct answer? a) No depreciation will be available, on the grounds that the assessee is not the owner of the building b) Depreciation will be allowed of Rs.20 thousand c) Deduction will be allowed of Rs. 2 Lakh d) The amount of Rs.2.2 lakh will be capitalized

Description : R, an assessee carries on business in respect of which it holds tenancy rights. It carries out improvements to the said building at a cost of Rs. 2 lakhs and claims depreciation @ 10% thereon. Which one of ... Deduction will be allowed of Rs. 2 Lakh d) The amount of Rs.2.2 lakh will be capitalized

Last Answer : b) Depreciation will be allowed of Rs.20 thousand