Knowledge Premier League (KPL) Divisional Competition

1. New Taxation on traditional plan is applicable wef from ……

• April 1, 2023

• February 1, 2023

• January 1, 2023

• March 31, 2023

The words ‘”Bulls and Bears” are associated with

• Import & export

• Banking

• Speculator

• Marketing

The headquarters of the World Bank is located in

• England

• Japan

• USA

• China

Which institution is responsible for calculating the GDP of India ?

• Ministry of Finance

• Reserve Bank of India

• Central Statistics office

• Chief Economic Advisor

1. New ULIP Taxation is coming under.....

• Income Tax

• LTCG Tax

• GST

• Income from other sources

GST on single premium pension plan is ……

• 18%

• 1.8%

• 4.5%

• 2.25%

1. Pension is taxable under the head ……. In your ITR

• Income from other sources

• Income from Business

• Income from Pension

• Income from Salary

What are the reasons for economies of scale to the benefit of Mutual funds?

• Large volumes of trade

• Risk reduction

• Portfolio diversification

• Loss

..... is a trust that pools the savings of a number of investors who share common financial goals.

 

 

 

• Shares

• Mutual Fund

• Govt Securities

• Derivatives

The funds in which units can be purchased only during the initial offer period are called

• Open-ended funds

• Close-ended funds

• Risk funds

• Initial Public Offering