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596. Given below are two statements labelled as Assertion (A) and Reason (R) in the context of the statements, which of the following is correct ?Assertion (A) : The Five Year Plans from the basis of Indian economy.Reason (R) : India follows Soviet pattern of planning.
A. Both A and R are true and R is the correct explanation of A.
B. Both A and R are true but R is the not the correct explanation of A.
C. A is true but R is false.
D. A is false but R is true.
Explanation:
597. Which of the following is now a punishable offence by a Bank Account holder ?
A. If a cheque is not crossed
B. If a post-dated cheque is issued
C. If a cheque drawn by him is dishonoured for insufficiency of funds in his account
D. Issuing a cheque without signature
Explanation:
598. Given below are two statements labelled as Assertion (A) and Reason (R) in the context of the statements, which of the following is correct ?Assertion (A) : Deficit financing is taken to mean that the expenditure is in excess of current revenue and borrowing from the public.Reason (R) : In India, defict financing is being done through issue of new currency by Government.
A. Both A and R are true and R is the correct explanation of A.
B. Both A and R are true but R is the not the correct explanation of A.
C. A is true but R is false.
D. A is false but R is true.
Explanation:
599. Given below are two statements, labeled as Assertion (A) and Reason (R). Which of the following is true in their context ? 1. Assertion (A) : In India, the budgets of the Government have shown sharp increases over the years. 2. Reason (R) : India has sharply increased its expenditure on defence every year.
A. Both A and R are true and R is the correct explanation of A.
B. Both A and R are true but R is not the correct explanation of A.
C. A is true but R is false.
D. A is false but R is true.
Explanation:
600. Which of the following is not a direct tax
A. Wealth Tax
B. Sales Tax
C. Income Tax
D. Estate Duty
Explanation:
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