Regulatory Thresholds and Caps in India

NSC (National Savings Certificate) is a popular fixed-income investment scheme in India. The minimum investment amount is ₹100, and there is no maximum limit - investors can deposit any amount they wish. This makes NSC accessible to small investors while allowing larger investments for tax-saving purposes under Section 80C.

This is a factual question about TCS hiring targets for fiscal year 2010-2011. The statement claims the hiring target was fixed at 40,000 employees. The correct answer is marked as False, suggesting the actual hiring target was different from 40,000. This type of question tests knowledge of specific company announcements and HR metrics from that period.

In 2010, the United States increased visa fees for both H-1B (specialty occupation) and L-1 (intracompany transfer) visa categories. This primarily affected Indian IT companies. The fee hike was part of a border security bill. Both categories saw increased costs for visa processing.

The Contingency Fund of India is maintained at Rs. 500 crore under Article 267 of the Constitution. This fund is used for urgent unforeseen expenditures pending parliamentary approval.

The security deposit for Lok Sabha elections is Rs. 10,000. This amount can be reclaimed if the candidate receives more than 1/6th of the total valid votes polled in the constituency, otherwise it is forfeited.

As per Indian tax regulations, PAN card is mandatory for sale or purchase of any immovable property valued at Rs. 5 lakhs or more. This requirement helps track high-value property transactions and prevent tax evasion. The Rs. 5 lakh threshold was established to cover significant real estate transactions.

The minimum fare for the Delhi Metro was historically 6 rupees before the major fare revisions in 2017. While the current minimum is 10 rupees, within the context of the provided options, 6 is the only historically accurate figure for a previous minimum rate.

JCL jobs are limited to a maximum of 255 steps. This is a documented system limit in IBM JCL, not unlimited (A) or tied to business requirements (D). 125 (C) is not the correct limit.

Rogers' national core IVR handles an extremely high volume of inbound customer inquiries, averaging approximately 4.5 million calls per month. Measuring this transaction rate on an annual basis would underrepresent the system's actual workload and database query capacity.

A CALL statement in mainframe programming can include a maximum of 15 SSAs (Segment Search Arguments). This is a system limitation in IMS/DL1 databases - exceeding 15 SSAs will cause an error. Options A and B are incorrect numbers, and there is definitely a limit enforced.

The FDI limit in the insurance sector is capped at 26% (0.26) for foreign players. This was established to ensure Indian companies retain majority control while allowing foreign participation.

Credit limits for charge cards in the Argentina market are not standardized at a fixed 1000 Pesos. Banks determine credit limits based on individual customer factors including credit history, income level, and risk assessment. The statement is false because credit limits vary by customer and are not universally set at this amount.