Direction.
DIRECTIONS (Qs. 101-105) : Read the following passage carefully and answer the questions given below it.
The finance ministry on Monday said the Union budget would be growth-oriented, implicitly signaling that it will address the investment crisis in the Indian economy. Given the fiscal constraints and other parameters under which the government has to function, the effort of the government is to present a budget which is growthoriented, that maintains the momentum of growth and tries to develop on it, economic affairs secretary Shaktikanta Das said in an interview with DD News uploaded on YouTube on Monday.
According to Das, the budget will also detail new measures to support ongoing programmes such as Start-up India, Standup India, Make In India, Digital India and the Skill mission all of which have a strong focus on creating jobs. Finance minister ArunJaitley will be presenting his third budget on 29 February at a time when private investment has dried up and the exchequer has had to incur higher expenditure due to implementation of the One Rank One Pension scheme for the armed forces and the recommendations of the Seventh Pay Commission. That may cramp the governments ability to accelerate public investment to revive economic growth while sticking within the confines of its fiscal deficit targets. Some parts of the government believe that the emphasis should be on growth and not fiscal consolidation. Other parts, and the Reserve Bank of India, believe the finance minister should adhere to his fiscal commitments made in the last budget.
Without revealing whether the government will digress from the path of fiscal consolidation, Das said the governments priority is to take a balanced view on the expenditure requirement to keep our growth momentum and to what extent we can borrow. Care Ratings chief economist MadanSabnavis said the government has to increase its allocation for public investment on infrastructure to stimulate growth. I expect government to spend ? 10,000-20,000 crore additional amount on infrastructure. Given nominal GDP (gross domestic product) is not expected to expand significantly, the leeway for the government to spend more may not be there while keeping fiscal deficit within 3.7-3.9% of GDP. So I dont expect a big-bang push for infrastructure spending given the fiscal constraint, he said.
The finance ministry revealed more contours of its budget when minister of state for finance JayantSinha, also in an interview to DD News, said the four pillars of the budget will be poverty eradication, farmers prosperity, job creation and a better quality of life for all Indian citizens. This budget will be a forward looking budget that will ensure that India will continue to be a haven of stability and growth in a very turbulent and choppy global economic environment, he added.
The government has been contemplating tax incentives to companies in the manufacturing sector, including tax deductions on emoluments paid to new employees, to encourage firms to step up hiring and create jobs under its Make in India initiative. The government published suggestions that it has received internally from various government departments and other stakeholders on the mygov.in website, seeking further ideas and comments from the public. Suggestions being considered by the government include financial incentives, tax incentives under the Income Tax Act, 1961, and subsidies for equipping employees with job skills, and upgrading and improving employment exchanges. Another suggestion is to expand the scope of the tax deduction currently available to companies that add at least 10% to their workforce in a year by lowering the threshold. This incentive is available only in cases of employees who earn less than ? 6 lakh a year.
To expand the scope of tax deduction to companies that add at least 10% to their workforce in a year.
To upgrade and improve employment exchange.
To provide incentive to employees who earn less than Rs.6 lakh a year.
Tax penalty for high income people.
D. Tax penalty for high income people.
Cupcake
Alpha
Gingerbread
Doughnut
120 cr
170 cr
100 cr
150 cr
Python
PASCAL
Java
C++
Paytm
Mobikwik
Freecharge
Oxigen
11417
11490
12476
10976
One
two
three
four
5600
6550
6552
5662
12000
14000
16000
18000
3599.34
699.34
3958.34
999.34
If only course of action I follows
If only course of action II follows
If either course of action I or II follows.
If neither course of action I nor II follows.
6.5
7.5
8.5
9.5
10 ltr
20 ltr
30 ltr
40 ltr
Varun Singh Bhati
Deepa Malik
Amit Kumar Saroha
Devendra Jhajaria
Only I is true
Ony II is true
Both II and III are true
Either II or III is true
Gujarat Institute of Fashion Technology
Government of India Foreign Trade
Gapping Income Free Of Tax
Gujarat International Financial Tech
66,240
72,100
62,200
65,800
If only assumption I is implicit
If only assumption II is implicit
If either I or II is implicit
If neither I nor II is implicit
motley, an enhancement
hybrid, a combination
nasal, a blend
mangled, a medley.
Tobacco Products
Alcohol
Steel
Jute Products
Conducive
Discern
Tantamount
Defined
MSD, P.V.Sindhu, Sardana Singh, Dipa Karmakar
Sakshi Malik, Abhinav Bindra, Sathish,P.V.Sindhu
Sakshi Malik, P.V. Sindhu, Sardana Singh, Dipa Karmakar
MSD, P.V.Sindhu, Sardana Singh, Abhinav Bindra
22$E, 21$R, 6×U, 8% E
8×E, 21×R, 22%E, 6%U
22×E, 6%U, 8%E, 21×R
21%R, 22$E, 6×U, 8%E
15
25
30
None of these
Only (A)
Only (A) and (B)
All (A), (B) and (C)
Only (B) and (C)
And it would struggle to survive without the architecture of mathematical support that it draws its strength from
Yet it continued to baffle mankind because of its abstractions
But it has never had and never will have the good fortune to attain to the sure scientific method
And it would still survive, even if all the rest were swallowed up in the abyss of an all-destroying barbarism
On infrastructure
On governments plans.
On fiscal management
On manufacturing sector
20 : 17
65 : 63
60 : 43
55 : 52
26
32
46
27
12 years
23 years
19 years
27 years
60 : 95
80 : 117
85 : 112
45 : 77