Daily Questions Challenge for IBPS Exams (13 February 2016)
Daily Questions Challenge for IBPS Exams (13 February 2016)
Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.
Q.1- Which of the following is correct according to the Undisclosed Foreign Income and Assets Bill, 2015?
1. The Bill will apply to Indian residents
2. It seeks to replace the Income Tax (IT) Act, 1961 for the taxation of foreign
income.
3. The penalty for nondisclosure of foreign income or assets would be equal to
four times the amount of tax payable, in addition to tax payable at 30%.
A. 1, 2
B. 1, 3
C. 2, 3
D. All
Q.2- Compost is used in which of the following?
A. Jute making
B. Organic farming
C. Lock making
D. None
Q.3- Recently NSEL has been merged with which of the following?
A. NAFED
B. NCDEX
C. FTIL
D. None of the above
Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.
