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.
The ratio between two numbers is 7:8. If each number is increased by 9, the ratio between then become 10:11, find the difference between numbers.
The ratio of senior to junior employees in the company is 7:5. The ratio of male to female junior employees is 3:2, and the overall ratio of male to fem...
A box contains Rs. 930 in coins of Rs. 2, Rs. 5, and Rs. 8 denominations. The ratio of number of coins of Rs. 2, Rs. 5, and Rs. 8 is 6:5:7 respectively....
The ratio of the present ages of M and N is 6:5. After 15 years, the ratio of their ages will be 9:8. Find the ratio of their ages 10 years ago.
In a group of 800 participants planning a community event, some opted for the role of organizers in a Science Fair, while others chose to organize a Tal...
- A piggy bank contains ₹10, ₹5 and ₹2 coins in the ratio 3:4:6. If the total amount in the piggy bank is ₹620, how many ₹2 coins are there?
By mistake, instead of dividing Rs. 564 among P, Q and R in the ratio 1/3 : 1/4 : 1/5 it was divided in the ratio of 3 : 4 : 5. Who gains the most and b...
If A:B = 4:5 and C:B = 3:4, then determine the value of (A:B:C) .
- X, Y, and Z distribute a certain sum among themselves. The average share is Rs. 4860. X receives 12.5% more than Y, and 25% less than Z. What is the share ...
- If, ‘x’ varies directly as ‘y’, and when x = 56, y = 28, then find the value of ‘x’, when ‘y’ = 40.
