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KPSC Related Question Answers
4. Remuneration paid to an MLA is taxed under the head
Income from salary Capital gains Income from profession Income from other sources
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5. PAYE in income tax stands for
Advance payment of tax Payment of tax by the employer Exemption from payment of tax None of these
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6. Which of the following is not an indirect tax?
Sales tax Estate duty Customs duty Entry tax
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8. For income tax purpose, an Indian company is always
Resident NRI Not ordinarily resident None of these
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9. The method where data are collected for each item in the population is known as
Census method Sampling method Survey method Observation method
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12. In a sample based research work,the data collected for analysis are called
Primary data Secondary data Field data Standard deviation
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14. The degree of relationship between two variables is called
Correlation Regression Variance Probability
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17. Barter system means
Goods sold on credit Goods sold on cash Goods sold for no consideration Exchange of goods for goods
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21. Who does issue the rupee one note/coin in India?
SBI RBI Finance commission Secretary of finance affairs
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22. The RBI is not concerned with
Framing the Fiscal Policy Framing the Monitory Policy Note issue Control of credit
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23. The central Bank keeps 100% gold reserves against the notes is called
Special paper money Managed paper money Fiduciary paper money Representative paper money
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24. It’s best to float the equity shares in the market during
Boom Recession Recovery Depression
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25. Capital loss arises due to
Sale of current assets at a price lesser than book value Sale of capital Asset at a price lesser than book value Depreciation All of the above
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