New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    As per the proposed amendment for Black Money Act under

    the Union Budget 2024-25, what is the foreign assets worth up to ____ for which penalties will be removed?
    A Rs. 10 Lakhs Correct Answer Incorrect Answer
    B Rs. 20 Lakhs Correct Answer Incorrect Answer
    C Rs. 30 Lakhs Correct Answer Incorrect Answer
    D Rs. 50 Lakhs Correct Answer Incorrect Answer
    E Rs. 1 Crore Correct Answer Incorrect Answer

    Solution

      The proposed amendment to the Black Money Act under the Union Budget 2024-25 suggests that penalties will be removed for foreign assets worth up to Rs. 20 Lakhs.

    Practice Next

    Relevant for Exams: