General Awareness · Banking Financial Awareness

Regulatory Thresholds and Caps in India

860 Questions

Regulatory Thresholds and Caps in India refer to the statutory limits imposed on finance, taxation, and corporate governance. It covers sectoral caps, expenditure limits, and penalty thresholds defined by law. These questions are crucial for banking, accounting, and civil services exams.

Financial limitsTax deductionsCorporate regulationsElectoral thresholdsPenalties and fines

Regulatory Thresholds and Caps in India Questions

Multiple choice history industrial sector growth of banks in india nationalisation and privatisation of banks private sector anddifference between public and private sector

The start-up scheme provides loans to entrepreneurs of the Scheduled Caste and Scheduled Tribes as well as women. Such loans range from _____________.

  1. Rs. 1 lakh to Rs.10 lakh

  2. Rs. 10 lakh to Rs.1 Crore

  3. Rs. 10 lakh to Rs.50 lakh

  4. Rs. 10 lakh to Rs.1.5 Crore
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The start-up scheme provides loans to entrepreneurs of the Scheduled Caste and Scheduled Tribes as well as women. Such loans range from Rs 10 lakh to Rs 1 crore.Globally India ranks in third position with 42000 start ups. The start-up helps to promote the culture of innovation and entrepreneurship in India. It also promotes economic growth and development.

Multiple choice

My parents have already (give) me $1000

  1. given

  2. gave

  3. gived

  4. gaven
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The sentence uses the present perfect (have already...), which requires the past participle of give. Given is the correct past participle.

Multiple choice social science public health and the government energy and health infectious diseases - transmission and prevention infectious diseases and how to prevent them

Consider the following statements regarding Rashtriya Swasthya Bima Yojana.
(A) The scheme started rolling from $1$st April $2008$
(B) The beneficiaries under RSBY are entitled to hospitalisation coverage up to Rs. $50,000$ for most of the diseases that require hospitalisation.
(C) The maximum age limit to be enrolled into RSBY is $65$ years.
Which of the statements is/are correct?

  1. Only (A)

  2. Only (A) and (B)

  3. Only (A) and (C)

  4. All (A), (B) and (C)
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The RSBY scheme was launched on April 1, 2008. While it provides coverage, the specific details regarding the age limit and coverage amount have evolved, but statement A is the most historically accurate starting point.

Multiple choice social science public health and the government energy and health infectious diseases - transmission and prevention infectious diseases and how to prevent them

Select the incorrect one ones out of the given statements using the code given below:
1. The IRDA has increased the entry age for health insurance in the country to $75$ years in its recent decision.
 2. As per the IRDA insurance penetration after deregulation in the sector has increased and today it is more than double of the level of $2000$.

  1. Only 1

  2. Only 2

  3. 1 and 2

  4. Neither 1 nor 2
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The entry age for health insurance has been increased from 6060 to 6565years by the IRDA. recently. Insurance penetration has increased to 3.3 per cent in 20152015 from 2.32.3 per cent in 20002000. 

Multiple choice

What is the maximum amount of unrelated business income that a non-profit organization can earn without being subject to income tax?

  1. $1,000
  2. $5,000
  3. $10,000
  4. $25,000
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Non-profit organizations are subject to income tax on any unrelated business income that exceeds $1,000.

Multiple choice

What is the maximum amount of fine that can be imposed for failing to file Form 990?

  1. $10,000
  2. $25,000
  3. $50,000
  4. $100,000
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The maximum amount of fine that can be imposed for failing to file Form 990 is $10,000.

Multiple choice

What is the maximum amount of scholarship that can be renewed?

  1. Rs. 10,000

  2. Rs. 20,000

  3. Rs. 30,000

  4. Rs. 40,000
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The maximum amount of scholarship that can be renewed is Rs. 30,000.

Multiple choice

What is the minimum amount required to invest in T-Bills?

  1. ₹10,000

  2. ₹25,000

  3. ₹50,000

  4. ₹1,00,000
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The minimum amount required to invest in T-Bills in India is ₹25,000.

Multiple choice

What is the application fee for Karnataka PGCET?

  1. Rs. 500

  2. Rs. 1000

  3. Rs. 1500

  4. Rs. 2000
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The application fee for Karnataka PGCET is Rs. 1000.

Multiple choice

What is the income limit for the Means Test?

  1. $15,000 per year for a single filer.
  2. $20,000 per year for a married couple filing jointly.
  3. $25,000 per year for a single filer.
  4. $30,000 per year for a married couple filing jointly.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The income limit for the Means Test is $25,000 per year for a single filer and $30,000 per year for a married couple filing jointly.

Multiple choice

What is the maximum amount of money a student can borrow in federal student loans?

  1. $10,000
  2. $20,000
  3. $30,000
  4. $40,000
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The maximum amount of money a student can borrow in federal student loans is $40,000.

Multiple choice

How much freight does the IRCTC handle on a daily basis?

  1. Over 1000 tonnes

  2. Over 2000 tonnes

  3. Over 3000 tonnes

  4. Over 4000 tonnes
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The IRCTC handles over 2000 tonnes of freight on a daily basis.

Multiple choice

What is the fee structure for the courses offered at GFTI Bangalore?

  1. Free

  2. Nominal

  3. Moderate

  4. High
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

GFTI Bangalore charges a nominal fee for its courses.