Question
Which one of the following statements regarding the
levying, collecting and distribution of Land Revenue is correct?Solution
Taxes Levied and Collected and Retained by States: • Some taxes and duties exclusively belong to states. They are mentioned in the State list. Every state is entitled to levy, collect and appropriate these taxes. The taxes are: 1. Duty on succession to agricultural land 2. Estate duty on agricultural land 3. Land revenue 4. Tax on agricultural income 5. Tax on land and buildings 6. Capitation taxes 7. Tax on mineral rights 8. Tax on the consumption or sale of electricity 9. Tax on vehicles 10. Tax on the sales and purchase of goods (other than newspaper) for e.g. Sales tax 11. Tolls 12. Tax on professions, trades and employment
Which of the following financial management practices is most critical for MSMEs to ensure financial sustainability in a competitive market?
...1.   Which of the following is correct regarding Supervisory review Process (SRP)?
1.   Supervisors should review and evaluate banks ICAA...
The Credit guarantees are on risk sharing basis, which implies that
Which of the following statements regarding the classification of financial markets is/are correct?
  1. Debt markets are primarily concerned ...
Calculate Net profit to capital ratio.
An analysis in which the firm’s ratio values are compared to those of a key competitor or group of competitors, primarily to identify areas for improv...
Effective communication is extremely important for leaders so as to achieve the organisational goals. Which of these must be avoided for effective comm...
The US Federal Reserve has announced an increase in interest rates to combat rising inflation. This has led to an appreciation of the US dollar against ...
Which of the following instruments is commonly used by banks to manage short-term liquidity needs?
According to the Union Budget 2023-24, consider the following statements regarding Cooperation:Â
1. New co-operatives that commenc...