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- Question
The Budget proposals also seek to provide relief to salaried tax payers by allowing a standard deduction of what amount in place of the present exemption allowed for transport allowance and reimbursement of miscellaneous medical expenses?
Options- A. Rs. 20,000
- B. Rs. 40,000
- C. Rs. 50,000
- D. Rs. 80,000
- Correct Answer
- Rs. 40,000
ExplanationThe standard deduction of Rs. 40,000 is seek to provide relief to salaried tax payers in the Budget proposals in place of the present exemption allowed for transport allowance and reimbursement of miscellaneous medical expenses.
- 1. First Olympic Games were held in
Options- A. 876 BC
- B. 798 BC
- C. 776 BC
- D. 898 BC Discuss
- 2. The minimum age required to become the prime minister of India is
Options- A. 25 years
- B. 30 years
- C. 40 years
- D. 35 years Discuss
- 3. India reached the final of the Davis Cup for the first time in...?
Options- A. 1964
- B. 1966
- C. 1970
- D. 1974 Discuss
- 4. Which of the following is tropical grassland?
Options- A. Taiga
- B. Savannah
- C. Pampas
- D. Prairies Discuss
- 5. Indian Cancer Research institute is located at
Options- A. New Delhi
- B. Calcutta
- C. Chennai
- D. Mumbai Discuss
- 6. The ratio of land to ocean in the southern hemisphere is
Options- A. 1 to 1.5
- B. 1 to 1
- C. 1 to 4
- D. 1 to 10 Discuss
- 7. How many players are there in Water Polo team?
Options- A. 4
- B. 5
- C. 6
- D. 7 Discuss
- 8. Gangubai hangal is the name associated with
Options- A. Literature
- B. Music
- C. Journalism
- D. Environment Discuss
- 9. The largest production of mica in Asia is from
Options- A. Indonesia
- B. Malaysia
- C. Myanmar
- D. India Discuss
- 10. Plants synthesis protein from
Options- A. starch
- B. sugar
- C. amino acids
- D. fatty acids Discuss
More questions
Correct Answer: 776 BC
Correct Answer: 25 years
Correct Answer: 1966
Correct Answer: Savannah
Correct Answer: Mumbai
Correct Answer: 1 to 4
Correct Answer: 7
Correct Answer: Music
Correct Answer: India
Correct Answer: amino acids
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