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Statement I is correct-: The Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds in tranches for 2022-23. Statement II is incorrect-: Bonds are sold through Commercial banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices and recognized stock exchanges viz., National Stock Exchange of India Limited and Bombay Stock Exchange, either directly or through agents. Statement III is correct -: Bonds can be used as collateral for loans. The capital gains tax arising on redemption of SGB to an individual has been exempted.
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P, Q, and R enter a partnership by investing their capital in the ratio of 2/5 :3/4: 5/8. After 4 months, P increased his capital by 50%, but Q decrease...
A and B invested Rs.5000 and Rs.8000 in a business respectively and after 3 months B withdrawn 50% of his initial investment and again after 3 months he...
Amit and Sumit together start a business with investment of Rs. 1900 and Rs. (x + 900), respectively. If the profit earned after 5 years is Rs. 6000 and...
A and B together start a business with investment of Rs. 1600 and Rs. (x + 600), respectively. If the profit earned after 5 years is Rs. 6000 and share ...
‘A’ and ‘B’ invested Rs. 4800 and Rs. 3200, respectively in a business, together. After 6 months, ‘A’ withdrew 35% of his initial investment...
A, B and C enter into a partnership with a capital in which A’s contribution is Rs. 15,000. If out of a total profit of Rs. 1200, A gets Rs. 400 a...
‘A’ started a business with the investment of Rs. 12000. After ‘x’ months and after 3 months from starting ‘B’ and ‘C’, respectively, jo...
A, B, and C invested ₹50,000, ₹70,000, and ₹80,000, respectively, to start a business. At the end of the year, the profit was ₹60,000. If A with...