The exemption limit for general menaged 50years or less in income tax in the financial year 2010-11 is
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- 1.60 lacs
- 1.50 lacs
- 1.90 lacs
- 2.40 lacs
The Correct Option is A
Solution and Explanation
Top Questions on Economics
Consider the following Harrod-Domar growth equation: \[ \frac{s}{\theta} = g + \delta \] where \( s \) is the saving rate, \( \theta \) is the capital-output ratio, \( g \) is the overall growth rate, and \( \delta \) is the capital depreciation rate. If \( \delta = 0 \) and \( s = 20% \), then to achieve \( g = 10% \), the capital-output ratio will be ________ (in integer).
Let \( Y \) be income, \( r \) be the interest rate, \( G \) be government expenditure, and \( M_s \) be money supply. Consider the following closed economy IS-LM equations with a fixed general price level (\( \bar{P} \)):
IS equation: \[ Y = 490 + 0.6Y - 4r + G \] LM equation: \[ \frac{M_s}{\bar{P}} = 20 + 0.25Y - 10r \] If \( G = 330 \) and \( \frac{M_s}{\bar{P}} = 500 \), then the equilibrium \( Y \) is ________ (round off to one decimal place).- Consider a two-person exchange economy where two goods, \( x \) and \( y \), are available in limited quantities of 50 and 100, respectively. The preferences of the two persons, Anil and Binod, are given by the utility functions: \[ U_{{Anil}}(x_{{Anil}}, y_{{Anil}}) = x_{{Anil}}^{0.4} y_{{Anil}}^{0.6} \] \[ U_{{Binod}}(x_{{Binod}}, y_{{Binod}}) = x_{{Binod}}^{0.6} y_{{Binod}}^{0.4} \] If they decide to share good \( y \) equally among themselves, the amount of good \( x \) Anil receives is ______________ (in integer).
- Which of the following statements is/are NOT CORRECT?
Consider the two scenarios for a small open economy based on the Mundell-Fleming IS-LM model with floating exchange rate and perfect capital mobility.
Where \( Y \) is aggregate income, \( C \) is aggregate consumption, \( I \) is investment, \( r^* \) is the world interest rate, \( G \) is government expenditure, \( T \) is taxes, \( NX \) is net exports, \( e \) is exchange rate, \( M \) is money supply, and \( P^* \) is general price level. Given the relationships:
\( I \) has a negative relationship with \( r^* \),
\( NX \) depends negatively on both \( e \) and \( Y \),
\( P^* \) is fixed.
Which of the following statements is/are CORRECT?
Questions Asked in JEECUP exam
- The perimeter of an equilateral triangle whose area is \( 4\sqrt{3} \, \text{cm}^2 \) is equal to:
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- On a straight road AB 100 metres long, five heavy stones are placed 4 metres apart beginning at the end A. A worker starting at A has to transport all stones to B by carrying one stone at a time. The minimum total distance he has to travel is
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- When \(8^2000\) is divided by 7, the remainder equals
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- The role of participative plural governance is central to the inclusive growth model that India has instituted. It has led to a growth-oriented, investor-friendly, and sustainable climate for business. India inherited the institutions of democracy at independence, then strengthened and reinforced it. This has enabled citizens to be active participants in governance. The judicial system allows for rule of law and recourse to justice. The media includes news channels, newspapers, journals, and the like. Often vocal and noisy, the media is one of the main sentinels of democratic processes.
Human rights are protected by the National Human Rights Commission, having civil rights activists and groups. Minority group interests are looked after by national commissions for minorities, scheduled castes, and scheduled tribes. The Right to Information Act is a milestone legislation for transparency and accountability in governance processes.
The Unique Identification Authority has rolled out ID Cards and expects to offer a number of social services. The UID project promises to be a game-changer in governance in India. The Indian governance system is federal, with responsibilities demarcated among Central and State Governments. While defense, foreign relations, and other areas rest with the Central Government, crucial sectors such as law and order, education, agriculture, rural development, and health are the responsibility of the State Governments. This helps State Governments to experiment with novel ideas.
The strength and resilience of democracy not only articulates the aspirations of people but also sustains an investor-friendly business climate. The governance agenda is constantly evolving and there is high awareness of the need for a more responsive, effective, and transparent process.
India’s growth process under a democratic government is a sustainable, humane, and just path to development.- JEECUP - 2024
- Reading Comprehension
- (A) A, B, C, D, E and F are six members of a family.
(B) One couple has parents and their children in the family.
(C) A is the son of C and E is daughter of A.
(D) D is daughter of F who is mother of E.
Analysis Summary: From (C): C is parent of A (male), A is parent of E (female). From (D): F (female) is mother of D (female) and E (female). Combine (C)+(D): A is father of E, F is mother of E
=> A and F are the couple (A=husband, F=wife). Dand Eare their daughters (children). From (C), C is parent of A. From (B), the couple (A,F) has parents in the family. So, C is one grandparent.
The other must be B. Family: Grandparents (B, C, parents of A), Parents (A, F), Children (D, E). Gender: A(M), F(F), D(F), E(F). B/C are one M, one F.- JEECUP - 2024
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