Question
All revenues received by the Union Government by way of
taxes and other receipts for the conduct of Government business are credited to the?Solution
Under Article 266 (1) of the Constitution of India, all revenues (example tax revenue from personal income tax, corporate income tax, customs and excise duties as well as non-tax revenue such as licence fees, dividends and profits from public sector undertakings etc.) received by the Union government as well as all loans raised by issue of treasury bills, internal and external loans and all moneys received by the Union Government in repayment of loans shall form a consolidated fund.
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Statements:
All present are past
 Some past are future
Only a few future is tense
Conclusions:
I. Some tense can ne...
Statements:
Only few savers are depositors
Few depositors are chequers
Only chequers are senders
Conclusions:
I. Some...
Statement : Some copies are pens.
No diary is a copy
All pens are scales.
Conclusion : I. At least some copies are definitely s...
Statement:
Each girl is boy.
Only a few girls are men.
Few girls are not women.
Conclusion:
1. All boys can be wome...
Statements: No swan is a penguin.
                         Some penguins are kingfisher.
Conclusions: I. Some s...
Statements:
All Honest are Intelligent.
Only a few Intelligent are Smart.
No Intelligent is Descent.
Conclusion:
I. N...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Three statements are given followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at varianc...
Statements:
All hands are arms.
Each arm is leg.
Some hands are eyes.
No arm is an ear.
Conclusions:
I. Some a...
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