Section 80 GGC of the Income Tax Act refers to :
(ಗಿ) Deduction in respect of contribution given by any person lo political parties
18) Deduction in respect of rent paid
{त} Deduction in respect of donation to certain fund, charitable institution etc
(D)} None of these

21. Allowances from UN.QO. is :
(வி) Fully taxable income
(இ Tully exempted allowance
(C) Allowances exempted upto a specified limit
(D) None of these

23, ___ means buying and selling of shares simultaneously or within a short period of
time with a view to rise the price of the shares.

(ಗಿ) Kerb 070017 (ए) Insider trading )© Wash sales (D) None of these

23. Oul of the following classes of goodwill, which class of goodwill is having high value ?
(ക) Dog goodwill (18) ಲಿ goodwill (9) Rat goodwill (12) Rabbit goodwill

24, Which of the following is not a discounted cash flow method ?

(ക) Net present value methad (B) Internal rate of return
(0) Profitability index method (D) Average rate of return method
25. Expansion and contraction of currency takes place through the ‏.ا اہ‎
(ಹಿ) banking department (ए) currency department
(C) credit department (D) जाट र्ण these

26. Income Tax is shared among centre and states 04800 ೧೫ the recommendations ۵۶۰

(ಸಿ) Finance Ministry (0) Finance Commission
(©) Planning Commission (D) None of these
27. ____ was established in 1990 with an objective to provide an alternate market for the
securities of smaller companies.
வண (४) NSE (©) BOLT (D) SHCIC

28. Which system of note issue is followed by RB17
(வ) Minimum Reserve System (8) Proportional Reserve System
(©) Maximum Fiduciary System (D) None of these

A 5 136/2014
[ए.1.0.]