1) Where is the world’s largest diamond bourse situated?
Answer : India
2) What is the minimum amount which is exempted from tax for salaried person according to New Direct Tax Code (DTC) 2011 Bill?
Answer : 2 Lakh
3) Which country is the largest recipient of World Bank loans?
Answer : India
4) What is Tobin tax?
Answer : Tax levied on spot conversion of one currency to other.
5) Where is the world’s first gold vending machine set up?
Answer : Abu Dhabi
6) Which is the second largest economy in the world after the United States?
Answer : China
7) Who won the Finance Minister of the Year for Asia award 2010?
Answer : Indian finance minister
8) What amount of the tax collected should be transferred to the state government according to the finance commission?
Answer : 32%
9) What is the overall debt of the centre and state be capped as suggested by the 13th finance commission?
Answer : 68% of GDP
10) In which year IRDA was constituted as an autonomous body?
Answer : 2000
Answer : India
2) What is the minimum amount which is exempted from tax for salaried person according to New Direct Tax Code (DTC) 2011 Bill?
Answer : 2 Lakh
3) Which country is the largest recipient of World Bank loans?
Answer : India
4) What is Tobin tax?
Answer : Tax levied on spot conversion of one currency to other.
5) Where is the world’s first gold vending machine set up?
Answer : Abu Dhabi
6) Which is the second largest economy in the world after the United States?
Answer : China
7) Who won the Finance Minister of the Year for Asia award 2010?
Answer : Indian finance minister
8) What amount of the tax collected should be transferred to the state government according to the finance commission?
Answer : 32%
9) What is the overall debt of the centre and state be capped as suggested by the 13th finance commission?
Answer : 68% of GDP
10) In which year IRDA was constituted as an autonomous body?
Answer : 2000
By : Shailendra Kumar
MBA 2nd Year
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