Union Budget PKT-- FT/Kotak/360/Bandhan--31/7/2024

What is Current repo Rate?

• 
  6.90%

• 5.25%

• 7.5%

• 
  6.50%

For SIPs and STPs Investment , what charges are applicable ?

• 
  Entry Load

• Stamp Duty

• 
  STT

• NIL

A mutual fund has to report which of the following information of an investor who comes under the Foreign Account Tax Compliance Act (FATCA)?

• 
  The entire investment value of all the folios of the investor

• 
  The identity of the account holders

• 
  The identity of the beneficial holders

• All of the above

______ is / are Non Financial transaction(s) in a mutual fund. A) Switch B) Pledge of units C) Nomination D) Transmission

• A, B and C

• B, C and D

• A, C and D

• C and D

Holding period of Equity scheme for Taxation is _____ as per new Union Budget 2024-2025.

• 24 months

• 
  

  36 months

• 12 months

• 6 months

LTCG for Equity schemes as per new Union Budget-2024-2025 is ____.

• 10 %

• 15 %

• 
  12.5 %

• 20 %

Indexation is only applicable on Debt schemes

• True

• False

• Indexation has been removed

• None of the options

Stamp duty is applicable for which of these mutual fund transactions?

• New Purchase

• Systematic Investment Plan

• Systematic Transfer Plan

• All the options

Current fiscal deficit stands at ___, as compared to earlier 5.1%

• 4.7%

• 3.8%

• 4.9%

• 5.0%

Total sea foods exports of 60,000 cr were made last year, hence BCD for Seafoods were reduced to ___ as per Union Budget--2024-2025.

• 8%

• 6.4%

• 5%

• NIL