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2008 India Current Affairs & Banking

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Multiple Choice

Which of the following is not a major highlight of the Union Budget 2008-09 ?

  1. A target of Rs. 2·80 lakhs crore is fixed for providing credit to agriculture sector.
  2. Limit of the Banking Cash Transaction Tax is raised from present 1% to 1·5%.
  3. PAN requirement is not mandatory for financial transactions. Other Ids are also acceptable.
  1. Only 1
  2. Only 2
  3. Only 3
  4. Both 2 and 3
  5. All 1, 2 and 3