Question
With reference to the ‘Prohibition of Benami Property
Transactions Act, 1988 (PBPT Act)’, consider the following statements: 1. A property transaction is not treated as a benami transaction if the owner of the property is not aware of the transaction. 2. Properties held benami are liable for confiscation by the Government. 3. The Act provides for three authorities for investigations but does not provide for any appellate mechanism. Which of the statements given above is/are correct?Solution
Act provides is an appellate tribunal, and they’re required to finish case within one year. B is most appropriate because IT dept (=therefore Government) can seize the benami properties.
- Find the median of the following observations:
101, 104, 99, 97, 102, 106, 105 - If the 4-digit number p89q is exactly divisible by 9, what is the least value of (p + q)?
- 32% of 40% of 500 = q + 12, find the sum of squares of the digits in ‘q’.
If x varies inversely as (y2 – 1) and is equal to 40 when y = 5 then the value of x and y = 7 is
If 1.5x = 0.04y, then the value of
"PQR is a three-digit number such that it can be expressed as the sum of its three two-digit components, PQ, QR, and RP, where all of them are natural n...
Find the last digit of (12123 – 1).
Twin prime numbers are the prime numbers whose difference is always equal to 2. The number of twin primes between 35 and 100 is:
Determine the smallest 4-digit number that, when divided by 15, 24, and 30, leaves a remainder of 5 each time.
The ratio between the sum of the digits of a two-digit number and that two-digit number is 1 : 6. If the digit in the unit's place is three less than th...
