MCQOPTIONS
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| 1. |
As we all know, the limit of exemption on personal income tax has been raised by Rs. 10,000. Whenever a relief in direct taxes is given, the underlying motive is always to make money available for which of the following purposes ? Savings Investment for High returns Personal Consumption |
| A. | Only 1 |
| B. | Only 2 |
| C. | Only 1 and 3 |
| D. | Only 2 and 3 |
| E. | None of these |
| Answer» D. Only 2 and 3 | |