wiz-icon
MyQuestionIcon
MyQuestionIcon
19
You visited us 19 times! Enjoying our articles? Unlock Full Access!
Question

80. Consider the following statements with respect to Pradhan Mantri Garib Kalyan Yojana, 2016

i. PMGKY was proposed by Taxation laws (Second Amendment) Bill, 2016

ii. Its aim is to use the black money collected post demonetization in welfare of the poor

Which of the above statements are correct?


A

a) i only

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

b) ii only

No worries! We‘ve got your back. Try BYJU‘S free classes today!
C

c) Both i and ii

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
d) None of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C

c) Both i and ii


Ans80. C

Explanation: Black Money collected post demonetization is used in welfare schemes through PMGKY which was proposed by Taxation laws (Second Amendment) Bill 2016. PMGKY allows people to deposit previously untaxed money by paying 50% of the total amount


flag
Suggest Corrections
thumbs-up
0
similar_icon
Similar questions
View More
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Small Business Further Explored
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon