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Current Affairs MCQ Questions 2018 May 23 Set-3


A concession for non-corporate taxpayers operating in IFSC has been provided in which they shall be charged Alternate Minimum Tax (AMT. at concessional rate of _________% at par with Minimum Alternate Tax (MAT. applicable for corporates.


a. 8%
b. 9%
c. 10%
d. 11%
e. None of these


All senior citizens will now be able to claim benefit of deduction up to `_________per annum in respect of any health insurance premium and/or any general medical expenditure incurred


a. 1,00,00/-
b. 50,000/-
c. 45,000/-
d. 60,000/-
e. None of these


As per Union Budget 2018, senior citizens will now be able to claim benefit of deduction of what amount in case of critical illnesses?


a. Rs 50000
b. Rs 75000
c. Rs 100000
d. Rs 125000
e. None of these


As per Union Budget 2018, the Customs duty on mobile phones and parts of televisions will be increased to what per cent?


a. 20 per cent
b. 25 per cent
c. 30 per cent
d. 35 per cent
e. None of these


Based on the Union Budget 2018 how much amount to be spent for providing livelihood to rural India through infrastructure building?


a. Rs 14.34 lakh crore
b. Rs 14.44 lakh crore
c. Rs 15.34 lakh crore
d. Rs 15.44 lakh crore.
e. None of these.


By which of the following month loans to self help groups will increase to Rs 75,000 crore?


a. March 2018.
b. March 2019.
c. March 2020.
d. March 2021.
e. None of these.


Disinvestment target of _________crore has been set for this year?


a. Rs 50000
b. Rs 80000
c. Rs 70000
d. Rs 60000
e. None of these


For senior citizens ,what is the exemption limit of interest income on bank and post office deposits ?


a.80,000
b. 38,000
c. 45,000
d. 50,000
e. None of these


For senior citizens, Exemption of interest income on deposits with banks and post offices to be increased from `10,000/- to `_________and TDS shall not be required to be deducted on such income, under section 194A.


a. 50,000
b. 40,000
c. 15,000
d. 25,000
e. None of these


Free power connections to ____ homes under Saubhagya Yojana?


a. 4 crore
b. 6 crore
c. 8 crore
d. 3 crore
e. None of these

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