Multiple choice general knowledge

PAN (as in PAN CARD-income tax) stands for:

  1. Payee's Account number

  2. Permanent Account Number

  3. Pay Account Number

  4. Present Account Number
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

PAN stands for 'Permanent Account Number', a unique identifier issued by the Indian Income Tax Department to individuals and entities for financial transactions and tax purposes.

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