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<html><body><h2 id="content-id-9641305278-2"><b>Banking And Financial Institutions Questions Overview</b></h2><p>Banking And Financial Institutions Questions have a good weightage in the Ssc Mts Exam and the type of question asked in Ssc Mts exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Banking And Financial Institutions Questions.</p><h2 id="content-id-0753649218-3"><b>Question On Banking And Financial Institutions </b></h2>Match the items of List-I with list-II

        List-I                                                       List-II

A. Relationship Banking         (i) Dealing in hundis and acceptance of deposits. 

B. Merchant Banking              (ii) Widening the entrepreneurial base and assist in a rapid rate of industrial growth. 

C. Indigenous Banking           (iii) Engaged in the business of capital Issue Management. 

D. Development Banking        (iv) Creating, maintaining and enhancing strong relationship with customers. 

Choose the correct code from below:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 63 Seconds </h3></div></div><h2 id="content-id-1784095362-4"><b> Banking And Financial Institutions Questions Options</b></h2><ol><li><p><span style="font-size:14px">A (ii) B (iii) C (i)  D (iv)  </span></p>
</li><li><p><span style="font-size:14px">A (iv) B (ii) C (i)  D (iii)  </span></p>
</li><li><p><span style="font-size:14px">A (i) B (ii) C (iii)  D (iv)  </span></p>
</li><li><p><span style="font-size:14px">A (iv) B (iii) C (ii)  D (i)  </span></p>
</li></ol> <h2 id="content-id-0692351784-5"><b> Banking And Financial Institutions Questions Solution</b></h2><p>The correct answer is <strong>option 1</strong> i,e. <strong><span style="font-size:14px">A (iv) B (ii) C (i)  D (iii) </span></strong></p>

<ul>
	<li><span style="font-size:14px">Relationship Banking: Creating, maintaining and enhancing strong relationship with customers.  </span></li>
	<li><span style="font-size:14px">Merchant Banking : Widening the entrepreneurial base and assist in a rapid rate of industrial growth.</span></li>
	<li><span style="font-size:14px">Indigenous Banking: Dealing in hundis and acceptance of deposits</span></li>
	<li><span style="font-size:14px">Development Banking:  Engaged in the business of capital Issue Management. </span></li>
</ul>

<p style="text-align:justify"><span style="font-size:14px"> </span></p>
<h2 id="content-id-3175260894-6"><b> Banking And Financial Institutions Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Banking_And_Financial_Institutions_Questions_Tips_and_Tricks.png" alt="Banking And Financial Institutions Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Banking And Financial Institutions Questions without taking any help from the solutions.</li><li>Banking And Financial Institutions Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Mts Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-mts" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Banking And Financial Institutions Questions. She has guided her team to provide the best explanation for the question.</body></html>


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Banking And Financial Institutions Questions

Match the items of List- - Banking And Financial Institutions Questions for Ssc Mts

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<html><body><h2 id="content-id-1549086372-2"><b>BE And IB Questions Overview</b></h2><p>BE And IB Questions have a good weightage in the Ssc Chsl Exam and the type of question asked in Ssc Chsl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in BE And IB Questions.</p><h2 id="content-id-0136298457-3"><b>Question On BE And IB </b></h2>Statement I: Government uses fiscal policy to deal with the supply of money and rate of interest in the economy. 
Statement II: Different instruments of fiscal policy are Bank rate, SLR, CRR, repo rate.

Choose the correct code from below:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 39 Seconds </h3></div></div><h2 id="content-id-1469258703-4"><b> BE And IB Questions Options</b></h2><ol><li><p><span style="font-size:14px">Both statements are incorrect</span></p>
</li><li><p><span style="font-size:14px">Statement I is correct but statement II is incorrect</span></p>
</li><li><p><span style="font-size:14px">Statement II is correct but statement I is incorrect</span></p>
</li><li><p><span style="font-size:14px">Both statements are incorrect</span></p>
</li></ol> <h2 id="content-id-5963024871-5"><b> BE And IB Questions Solution</b></h2><p>The correct answer is <strong>option 4</strong> i.e.<strong> <span style="font-size:14px">Both statements are incorrect.</span></strong></p>

<ul>
	<li><span style="font-size:14px">Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy</span></li>
	<li><span style="font-size:14px">Instruments of Fiscal Policy: Taxes, Government spending</span></li>
	<li><span style="font-size:14px">Monetary policy is the macroeconomic policy laid down by the central bank to influence and control the money suplly and interest rate in a economy.</span></li>
	<li><span style="font-size:14px">Instruments of monetory policy: Bank Rate, CRR, SLR, Repo Rate, Reverse Repo rate etc.</span></li>
</ul>


<h2 id="content-id-8734561209-6"><b> BE And IB Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/BE_And_IB_Questions_Tips_and_Tricks.png" alt="BE And IB Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve BE And IB Questions without taking any help from the solutions.</li><li>BE And IB Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Chsl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-chsl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the BE And IB Questions. She has guided her team to provide the best explanation for the question.</body></html>


Statement I Government u - BE And IB Questions for Ssc Chsl

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<html><body><h2 id="content-id-2130698457-2"><b>Banking And Financial Institutions Questions Overview</b></h2><p>Banking And Financial Institutions Questions have a good weightage in the Ssc Chsl Exam and the type of question asked in Ssc Chsl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Banking And Financial Institutions Questions.</p><h2 id="content-id-5690172348-3"><b>Question On Banking And Financial Institutions </b></h2>Match the items of list-I with list II.


	
		
			List-I
			List-II
		
		
			 A. IFCI
			(i) 1991
		
		
			 B. Narsimham Committee-I
			(ii) 1948
		
		
			 C. Basel-I
			(iii) 1949
		
		
			 D. RBI Nationalisation 
			(iv) 1988
		
	

<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 37 Seconds </h3></div></div><h2 id="content-id-1829604735-4"><b> Banking And Financial Institutions Questions Options</b></h2><ol><li><p><span style="font-size:14px">A (ii) B (i) C (iv) D (iii)</span></p>
</li><li><p><span style="font-size:14px">A (i) B (ii) C (iv) D (iii)</span></p>
</li><li><p><span style="font-size:14px">A (i) B (ii) C (iii) D (iv)</span></p>
</li><li><p><span style="font-size:14px">A (iv) B (ii) C (i) D (iii)</span></p>
</li></ol> <h2 id="content-id-1205386749-5"><b> Banking And Financial Institutions Questions Solution</b></h2><p>The correct answer is <strong>option 1</strong> i.e,<strong> <span style="font-size:14px">A (ii) B (i) C (iv) D (iii)</span></strong></p>

<ul>
	<li><span style="font-size:14px">IFCI: 1948</span></li>
	<li><span style="font-size:14px">Narsimham Committee-I: 1991</span></li>
	<li><span style="font-size:14px">Basel-I: 1988</span></li>
	<li><span style="font-size:14px">RBI Nationalisation: 1949</span></li>
</ul>
<h2 id="content-id-5709312648-6"><b> Banking And Financial Institutions Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Banking_And_Financial_Institutions_Questions_Tips_and_Tricks.png" alt="Banking And Financial Institutions Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Banking And Financial Institutions Questions without taking any help from the solutions.</li><li>Banking And Financial Institutions Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Chsl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-chsl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Banking And Financial Institutions Questions. She has guided her team to provide the best explanation for the question.</body></html>


Match the items of list-I - Banking And Financial Institutions Questions for Ssc Chsl

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-7895320461-2"><b>Banking And Financial Institutions Questions Overview</b></h2><p>Banking And Financial Institutions Questions have a good weightage in the Ibps Clerk Exam and the type of question asked in Ibps Clerk exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Banking And Financial Institutions Questions.</p><h2 id="content-id-7186954230-3"><b>Question On Banking And Financial Institutions </b></h2>Match the items of List-I with List-II
            List-I                                           List-II
A. Narsimham Committee-I               (i)  1934
B. Basel Norms –I                               (ii)  1969
C. Nationalization of Banks               (iii) 1988
D. RBI Act                                              (iv) 1991

Choose the correct code from below:               
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 63 Seconds </h3></div></div><h2 id="content-id-3198672054-4"><b> Banking And Financial Institutions Questions Options</b></h2><ol><li><p><span style="font-size:14px">A (iv) B (i) C (iii) D (ii)</span></p>
</li><li><p><span style="font-size:14px">A (iv) B (ii) C (i) D (iii)</span></p>
</li><li><p><span style="font-size:14px">A (iv) B (iii) C (ii) D (i)</span></p>
</li><li><p><span style="font-size:14px">A (i) B (ii) C (iii) D (iv)</span></p>
</li></ol> <h2 id="content-id-3645920718-5"><b> Banking And Financial Institutions Questions Solution</b></h2><p><span style="font-size:14px">The <strong>correct answer is Option 3. i.e. A (iv) B (iii) C (ii) D (i)</strong></span></p>

<ul>
	<li><span style="font-size:14px">Narasimhan Committee-I: formed in 1991</span></li>
	<li><span style="font-size:14px">Basel Norms I: Basel Capital Accord was introduced in 1988 for Banking reforms.</span></li>
	<li><span style="font-size:14px">Nationalization of Banks: Nationalisation of 14 Banks took place in1969</span></li>
	<li><span style="font-size:14px">Reserve Bank of India was established in 1935 under RBI Act 1934                    </span></li>
</ul>
<h2 id="content-id-0217843695-6"><b> Banking And Financial Institutions Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Banking_And_Financial_Institutions_Questions_Tips_and_Tricks.png" alt="Banking And Financial Institutions Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Banking And Financial Institutions Questions without taking any help from the solutions.</li><li>Banking And Financial Institutions Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ibps Clerk Exam you can refer the following link <a href="https://study.kdcampus.live/ibps-clerk" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Banking And Financial Institutions Questions. She has guided her team to provide the best explanation for the question.</body></html>


Match the items of List-I - Banking And Financial Institutions Questions for Ibps Clerk

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<html><body><h2 id="content-id-0927514863-2"><b>IT And Corporate Tax Questions Overview</b></h2><p>IT And Corporate Tax Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in IT And Corporate Tax Questions.</p><h2 id="content-id-6274391058-3"><b>Question On IT And Corporate Tax </b></h2>In case of making rental payment for the use of building, applicable TDS rate u/s 194I of the Income Tax Act will be:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 35 Seconds </h3></div></div><h2 id="content-id-0683519247-4"><b> IT And Corporate Tax Questions Options</b></h2><ol><li><p><span style="font-size:14px">1%</span></p>
</li><li><p><span style="font-size:14px">10%</span></p>
</li><li><p><span style="font-size:14px">2%</span></p>
</li><li><p><span style="font-size:14px">5%</span></p>
</li></ol> <h2 id="content-id-4902653871-5"><b> IT And Corporate Tax Questions Solution</b></h2><p style="text-align:justify"><span style="font-size:14px">The correct answer is <strong>option 2 </strong>i.e. <strong>10%.</strong><br>
Under section 194I, every person making rental payment exceeding 2,40,000/- shall deduct TDS as per following provisions: </span></p>

<ul>
	<li style="text-align:justify"><span style="font-size:14px">Payment of rent on land, building, furniture and fittings  @10%  </span></li>
	<li style="text-align:justify"><span style="font-size:14px">Payment of rent on plant, machinery or equipments @ 2%</span></li>
</ul>
<h2 id="content-id-7543160928-6"><b> IT And Corporate Tax Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/IT_And_Corporate_Tax_Questions_Tips_and_Tricks.png" alt="IT And Corporate Tax Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve IT And Corporate Tax Questions without taking any help from the solutions.</li><li>IT And Corporate Tax Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Sbi Po Exam you can refer the following link <a href="https://study.kdcampus.live/sbi-po" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the IT And Corporate Tax Questions. She has guided her team to provide the best explanation for the question.</body></html>


In case of making rental - IT And Corporate Tax Questions for Sbi Po

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<html><body><h2 id="content-id-9573264801-2"><b>IT And Corporate Tax Questions Overview</b></h2><p>IT And Corporate Tax Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in IT And Corporate Tax Questions.</p><h2 id="content-id-3157209486-3"><b>Question On IT And Corporate Tax </b></h2>As per the Income Tax Act, Income of an assessee is assessed under section: 
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 33 Seconds </h3></div></div><h2 id="content-id-2957803146-4"><b> IT And Corporate Tax Questions Options</b></h2><ol><li><p>143(1)</p>
</li><li><p>140</p>
</li><li><p>143(3)</p>
</li><li><p>144</p>
</li></ol> <h2 id="content-id-6297504318-5"><b> IT And Corporate Tax Questions Solution</b></h2><p><span style="font-size:14px">The correct answer is <strong>option 1 </strong>i.e. <strong>143(1).</strong><br>
Under the Income-tax Law, there are five major assessments given below:</span></p>

<ul>
	<li><span style="font-size:14px">Assessment under section 143(1) :   Summary assessment without calling the assessee.</span></li>
	<li><span style="font-size:14px">Assessment under section 143(3) :   Scrutiny assessment.</span></li>
	<li><span style="font-size:14px">Assessment under section 144      :  Best judgment assessment.</span></li>
	<li><span style="font-size:14px">Assessment under section 147      :  Income escaping assessment.</span></li>
	<li><span style="font-size:14px">Assessment under Section 140A   :  Self assessment of Income Tax</span></li>
</ul>






<h2 id="content-id-3274598160-6"><b> IT And Corporate Tax Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/IT_And_Corporate_Tax_Questions_Tips_and_Tricks.png" alt="IT And Corporate Tax Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve IT And Corporate Tax Questions without taking any help from the solutions.</li><li>IT And Corporate Tax Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Sbi Po Exam you can refer the following link <a href="https://study.kdcampus.live/sbi-po" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the IT And Corporate Tax Questions. She has guided her team to provide the best explanation for the question.</body></html>


As per the Income Tax Act - IT And Corporate Tax Questions for Sbi Po

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<html><body><h2 id="content-id-4985603127-2"><b>IT And Corporate Tax Questions Overview</b></h2><p>IT And Corporate Tax Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in IT And Corporate Tax Questions.</p><h2 id="content-id-8360279451-3"><b>Question On IT And Corporate Tax </b></h2>Which one of the following is not allowed as deduction u/s 37(1) of the Income Tax Act:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 34 Seconds </h3></div></div><h2 id="content-id-6509234871-4"><b> IT And Corporate Tax Questions Options</b></h2><ol><li><p><span style="font-size:14px">Litigation expenses in protecting the trade or business.</span></p>
</li><li><p><span style="font-size:14px">Royalty paid by an assessee to a company for using its logo</span></p>
</li><li><p><span style="font-size:14px">Commission paid at a percentage of profits to general manage</span></p>
</li><li><p><span style="font-size:14px">Payments made for acquisition of goodwill.</span></p>
</li></ol> <h2 id="content-id-0789461352-5"><b> IT And Corporate Tax Questions Solution</b></h2><p><span style="font-size:14px">The correct answer is <strong>option 4 </strong>i.e. <strong>Payments made for acquisition of goodwill.</strong><br>
Allowed:</span></p>

<ul>
	<li><span style="font-size:14px">Litigation expenses in protecting the trade or business.</span></li>
	<li><span style="font-size:14px">Expenses on litigation (whether civil or criminal) if incurred wholly and exclusively for the purpose of the business.</span></li>
	<li><span style="font-size:14px">Legal charges for obtaining a loan from a financial institution.</span></li>
	<li><span style="font-size:14px">Royalty paid by an assessee to a company for using its logo.</span></li>
	<li><span style="font-size:14px">Consultancy charges paid for maintenance of software.</span></li>
	<li><span style="font-size:14px">Environment monitoring expenses and community development expenses.</span></li>
	<li><span style="font-size:14px">Litigation expenses for making agreements, various deeds, etc.</span></li>
</ul>

<p><span style="font-size:14px">Not Allowed:</span></p>

<ul>
	<li><span style="font-size:14px">Damages and penalty paid for transgressing the terms of agreement with the State.</span></li>
	<li><span style="font-size:14px">Penalty and damages paid in connection with infringement of law.</span></li>
	<li><span style="font-size:14px">Litigation expenditure incurred for curing any defect in title of assets or completing that title.</span></li>
	<li><span style="font-size:14px">Litigation expenses for registration of shares.</span></li>
	<li><span style="font-size:14px">Fees paid for increase of authorised capital.</span></li>
	<li><span style="font-size:14px">Payments made for acquisition of goodwill.</span></li>
</ul>

<p><span style="font-size:14px">Refer section 37(1) of the income tax act for detailed list of items allowed and not allowed.</span></p>
<h2 id="content-id-3196754280-6"><b> IT And Corporate Tax Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/IT_And_Corporate_Tax_Questions_Tips_and_Tricks.png" alt="IT And Corporate Tax Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve IT And Corporate Tax Questions without taking any help from the solutions.</li><li>IT And Corporate Tax Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Sbi Po Exam you can refer the following link <a href="https://study.kdcampus.live/sbi-po" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the IT And Corporate Tax Questions. She has guided her team to provide the best explanation for the question.</body></html>


Which one of the followin - IT And Corporate Tax Questions for Sbi Po

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<html><body><h2 id="content-id-5180329467-2"><b>IT And Corporate Tax Questions Overview</b></h2><p>IT And Corporate Tax Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in IT And Corporate Tax Questions.</p><h2 id="content-id-9824765310-3"><b>Question On IT And Corporate Tax </b></h2>The Income Tax Return (ITR) Form used in case of presumptive business income is:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 33 Seconds </h3></div></div><h2 id="content-id-2154679830-4"><b> IT And Corporate Tax Questions Options</b></h2><ol><li><p><span style="font-size:14px">ITR-2</span></p>
</li><li><p><span style="font-size:14px">ITR-3</span></p>
</li><li><p><span style="font-size:14px">ITR-5</span></p>
</li><li><p><span style="font-size:14px">ITR-4</span></p>
</li></ol> <h2 id="content-id-1647328950-5"><b> IT And Corporate Tax Questions Solution</b></h2><p style="text-align:justify"><span style="font-size:14px">The correct answer is <strong>option 4 </strong>i.e. <strong>ITR-4.</strong></span><br>
<span style="font-size:14px">ITR Form:<br>
ITR 1  applicable in case of Individual, HUF (Residents) having income < 50 Lac. (No Business Income)<br>
ITR 2    Individual, HUF having income > 50 Lac (No business income)<br>
ITR 3    Individual or HUF, partner in a Firm <br>
ITR 4    Individual, HUF, Firm  (Presumptive Business Income)</span></p>
<h2 id="content-id-7028415963-6"><b> IT And Corporate Tax Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/IT_And_Corporate_Tax_Questions_Tips_and_Tricks.png" alt="IT And Corporate Tax Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve IT And Corporate Tax Questions without taking any help from the solutions.</li><li>IT And Corporate Tax Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Sbi Po Exam you can refer the following link <a href="https://study.kdcampus.live/sbi-po" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the IT And Corporate Tax Questions. She has guided her team to provide the best explanation for the question.</body></html>


The Income Tax Return IT - IT And Corporate Tax Questions for Sbi Po

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<html><body><h2 id="content-id-1468920735-2"><b>IT And Corporate Tax Questions Overview</b></h2><p>IT And Corporate Tax Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in IT And Corporate Tax Questions.</p><h2 id="content-id-6023517498-3"><b>Question On IT And Corporate Tax </b></h2>An annual consolidated tax credit statement that taxpayers can access, view or download from the income tax website is:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 34 Seconds </h3></div></div><h2 id="content-id-0195473826-4"><b> IT And Corporate Tax Questions Options</b></h2><ol><li><p><span style="font-size:14px">Form 16</span></p>
</li><li><p><span style="font-size:14px">Form 16A</span></p>
</li><li><p><span style="font-size:14px">Form 15</span></p>
</li><li><p><span style="font-size:14px">Form 26AS</span></p>
</li></ol> <h2 id="content-id-8274350961-5"><b> IT And Corporate Tax Questions Solution</b></h2><ul>
	<li style="text-align:justify"><span style="font-size:14px">Form 26AS is an annual consolidated tax credit statement that taxpayers can access, view or download from the income tax department's e-filing website.</span></li>
	<li style="text-align:justify"><span style="font-size:14px">It shows the TDS details as well as past income tax refunds.</span></li>
</ul>
<h2 id="content-id-9645381072-6"><b> IT And Corporate Tax Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/IT_And_Corporate_Tax_Questions_Tips_and_Tricks.png" alt="IT And Corporate Tax Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve IT And Corporate Tax Questions without taking any help from the solutions.</li><li>IT And Corporate Tax Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Sbi Po Exam you can refer the following link <a href="https://study.kdcampus.live/sbi-po" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the IT And Corporate Tax Questions. She has guided her team to provide the best explanation for the question.</body></html>


An annual consolidated ta - IT And Corporate Tax Questions for Sbi Po

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-5617293408-2"><b>IT And Corporate Tax Questions Overview</b></h2><p>IT And Corporate Tax Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in IT And Corporate Tax Questions.</p><h2 id="content-id-8571436029-3"><b>Question On IT And Corporate Tax </b></h2>As per the Income Tax Act, the last day to pay the third installment of advance income tax is:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 34 Seconds </h3></div></div><h2 id="content-id-5970328164-4"><b> IT And Corporate Tax Questions Options</b></h2><ol><li><p><span style="font-size:14px">31 December</span></p>
</li><li><p><span style="font-size:14px">15 January</span></p>
</li><li><p><span style="font-size:14px">15 December</span></p>
</li><li><p><span style="font-size:14px">31 March</span></p>
</li></ol> <h2 id="content-id-0468752319-5"><b> IT And Corporate Tax Questions Solution</b></h2><p><span style="font-size:14px">The correct answer is <strong>option 3 </strong>i.e. <strong>15 December.</strong><br>
Schedule of advance tax:</span></p>

<p><span style="font-size:14px">1st installment  (15%)                15 June</span></p>

<p><span style="font-size:14px">2nd Installment (45%)               15 September</span></p>

<p><span style="font-size:14px">3rd Installment  (75%)               15 December</span></p>

<p><span style="font-size:14px">4th and Last    (100%)               15 March</span></p>
<h2 id="content-id-4093125768-6"><b> IT And Corporate Tax Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/IT_And_Corporate_Tax_Questions_Tips_and_Tricks.png" alt="IT And Corporate Tax Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve IT And Corporate Tax Questions without taking any help from the solutions.</li><li>IT And Corporate Tax Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Sbi Po Exam you can refer the following link <a href="https://study.kdcampus.live/sbi-po" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the IT And Corporate Tax Questions. She has guided her team to provide the best explanation for the question.</body></html>


<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-9431056287-2"><b>IT And Corporate Tax Questions Overview</b></h2><p>IT And Corporate Tax Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in IT And Corporate Tax Questions.</p><h2 id="content-id-9126837540-3"><b>Question On IT And Corporate Tax </b></h2>As per the income Tax Act, self-assessment is made under section:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 32 Seconds </h3></div></div><h2 id="content-id-5268731904-4"><b> IT And Corporate Tax Questions Options</b></h2><ol><li><p><span style="font-size:14px">143 (1)</span></p>
</li><li><p><span style="font-size:14px">143 (3)</span></p>
</li><li><p><span style="font-size:14px">140A</span></p>
</li><li><p><span style="font-size:14px">147</span></p>
</li></ol> <h2 id="content-id-4602573819-5"><b> IT And Corporate Tax Questions Solution</b></h2><p><span style="font-size:14px">The correct answer is <strong>option 3 </strong>i.e. <strong>140A.</strong><br>
Under the Income-tax Law, there are five major assessments given below: </span></p>

<ul>
	<li style="text-align:justify"><span style="font-size:14px">Assessment under section 143(1) :  Summary assessment without calling the assessee.</span></li>
	<li style="text-align:justify"><span style="font-size:14px">Assessment under section 143(3) :   Scrutiny assessment. </span></li>
	<li style="text-align:justify"><span style="font-size:14px">Assessment under section 144      :  Best judgment assessment. </span></li>
	<li style="text-align:justify"><span style="font-size:14px">Assessment under section 147      :  Income escaping assessment. </span></li>
	<li style="text-align:justify"><span style="font-size:14px">Assessment under Section 140A   :  Self assessment of Income Tax      </span></li>
</ul>
<h2 id="content-id-1387526094-6"><b> IT And Corporate Tax Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/IT_And_Corporate_Tax_Questions_Tips_and_Tricks.png" alt="IT And Corporate Tax Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve IT And Corporate Tax Questions without taking any help from the solutions.</li><li>IT And Corporate Tax Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Sbi Po Exam you can refer the following link <a href="https://study.kdcampus.live/sbi-po" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the IT And Corporate Tax Questions. She has guided her team to provide the best explanation for the question.</body></html>


As per the income Tax Act - IT And Corporate Tax Questions for Sbi Po

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<html><body><h2 id="content-id-8241506379-2"><b>IT And Corporate Tax Questions Overview</b></h2><p>IT And Corporate Tax Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in IT And Corporate Tax Questions.</p><h2 id="content-id-5123079468-3"><b>Question On IT And Corporate Tax </b></h2>A person is said to be a person of Indian origin under the Income Tax Act if:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 34 Seconds </h3></div></div><h2 id="content-id-1690875324-4"><b> IT And Corporate Tax Questions Options</b></h2><ol><li><p><span style="font-size:14px">He is resident of India</span></p>
</li><li><p>He is Non resident of India</p>
</li><li><p><span style="font-size:14px">his parents or any of his grand-parents, was born in India</span></p>
</li><li><p><span style="font-size:14px">he, or either of his parents or any of his grand-parents, was born in undivided India</span></p>
</li></ol> <h2 id="content-id-0594231768-5"><b> IT And Corporate Tax Questions Solution</b></h2><p><span style="font-size:14px">The correct answer is <strong>option 4 </strong>i.e. <strong>he, or either of his parents or any of his grand-parents, was born in undivided India.</strong><br>
A person shall be deemed to be of Indian origin if he, or either of his parents or any of his grand-parents, was born in undivided India.</span></p>

<ul>
	<li><span style="font-size:14px">Undivided India means India before partition (India, Pakistan, Bangaladesh)</span></li>
</ul>

<p>For detail refer Section 6, Residential status.</p>

<p><span style="font-size:14px"> </span></p>
<h2 id="content-id-5628019437-6"><b> IT And Corporate Tax Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/IT_And_Corporate_Tax_Questions_Tips_and_Tricks.png" alt="IT And Corporate Tax Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve IT And Corporate Tax Questions without taking any help from the solutions.</li><li>IT And Corporate Tax Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. 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A person is said to be a - IT And Corporate Tax Questions for Sbi Po

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<html><body><h2 id="content-id-8946375120-2"><b>Banking And Financial Institutions Questions Overview</b></h2><p>Banking And Financial Institutions Questions have a good weightage in the Ibps Clerk Exam and the type of question asked in Ibps Clerk exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Banking And Financial Institutions Questions.</p><h2 id="content-id-9473201586-3"><b>Question On Banking And Financial Institutions </b></h2>Statement-I: The NBFCs in India are allowed by the Reserve Bank to trade in currency futures to hedge their Risks.

Statement-II: Foreign Trade Companies are covered under NBFCs in India.

Choose the correct code from below:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 39 Seconds </h3></div></div><h2 id="content-id-4137596802-4"><b> Banking And Financial Institutions Questions Options</b></h2><ol><li><p><span style="font-size:14px">Both statements are correct</span></p>
</li><li><p><span style="font-size:14px">Statement I is correct but statement II is incorrect</span></p>
</li><li><p><span style="font-size:14px">Statement II is correct but statement I is incorrect</span></p>
</li><li><p><span style="font-size:14px">Both statements are incorrect</span></p>
</li></ol> <h2 id="content-id-2530791648-5"><b> Banking And Financial Institutions Questions Solution</b></h2><p style="text-align:justify"><span style="font-size:14px">The NBFCs in India are allowed by the Reserve Bank to trade in currency futures to hedge their Risks.</span></p>

<p style="text-align:justify"><span style="font-size:14px">Types of NBFCs in India are Asset Finance Company, Investment Company, Loan Company, Infrastructure Finance Company, Infrastructure Debt Fund</span></p>


<h2 id="content-id-6841205973-6"><b> Banking And Financial Institutions Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Banking_And_Financial_Institutions_Questions_Tips_and_Tricks.png" alt="Banking And Financial Institutions Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Banking And Financial Institutions Questions without taking any help from the solutions.</li><li>Banking And Financial Institutions Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. Please click on the following links for accessing those.</p><div class="row"><div class="col-md-4"><a href="https://study.kdcampus.live/study-plan">Study Plan</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-science">General Science</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-awareness">General Awareness</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/general-knowledge">General Knowledge</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quantitative-aptitude">Quantitative Aptitude</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/logical-reasoning">Logical Reasoning</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/english-language">English Language</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/today-in-history">Today In History</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/question-paper">Question Paper</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/syllabus">Syllabus</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-state">Know Your State</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-country">Know Your Country</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-city">Know Your City</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/know-your-leader">Know Your Leader</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/books-and-authors">Books And Authors</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-vocabulary">Daily Vocabulary</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/daily-editorial">Daily Editorial</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/latest-notifications">Latest Notifications</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-dates">Exam Dates</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/admit-card">Admit Card</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-results">Exam Results</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-cutoff">Exam Cutoff</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-eligibility">Exam Eligibility</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/exam-pattern">Exam Pattern</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/answer-key">Answer Key</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/important-days">Important Days</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/full-form">Full Form</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/previous-year-pdf">Previous Year PDF</a></div><div class="col-md-4"><a href="https://study.kdcampus.live/quiz">Quiz</a></div></div><h3><b>Further Guidance on Banking And Financial Institutions Questions</b></h3> For Asking any query on Banking And Financial Institutions Questions please mail <a href="mailto:online@kdcampus.org">Send Email</a> or you can fill the form at <a href="https://kdcampus.live" target="_blank">KD Live</a>.<h3><b>About KD Live</b></h3> KD live has an expertise in providing apt explanations for the Banking And Financial Institutions Questions since 2008. More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ibps Clerk Exam you can refer the following link <a href="https://study.kdcampus.live/ibps-clerk" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Banking And Financial Institutions Questions. She has guided her team to provide the best explanation for the question.</body></html>
