Question
The Atal Pension Yojana (APY) is a contribution-based
pension scheme. Which of the following statements incorrectly describes the tax benefits associated with APY contributions?Solution
While contributions to APY are eligible for deductions under Section 80CCD, they are not fully exempt from income tax. The scheme follows similar tax benefits as NPS.
Give below are two statements:
Statement - I: The terms of trade of a nation are defined as the ratio of the cost of its export commodity to th...
The coefficient of regression of Y on X is byx = 1.2 , If A = (X-300)/4 and C = (Y-500)/6 find bCA
Consider a Keynesian Cross Model with following features, Consumption Function: C= C0 + b (Y – T)
Tax Function: T = T0 + tY
I...
________ was an important growth strategy adopted by India prior to 1991.
Which of the following is/are true at equilibrium in a perfect competition?
(1) MR = MC
(2) AC = MC = AR = MR
(3) MC is falling
Which of the following statement is the objective(s) of setting up of Regional rural banks?
(i) development of agriculture, trade and other pr...
A firm should increase investment when :
Which of the following statements is true for a mixed economy?
Consider a Keynesian Cross Model with following features, Consumption Function: C= C0 + b (Y – T)
Tax Function: T = T0 + tY
Income...
Which of the following leads to an outward shift in the supply curve
