Tax on Banking Cash Transactions (withdrawals) over a certain threshold in a single day was introduced in the Union Budget of which year?

2002 - 03

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2004 - 05

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2005 - 06

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2006 - 07

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Solution

The correct option is B $2005 - 06$
Cash Transaction Tax (CTT) is introduced in Budge $2005 - 2006$ .

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Given the following data :

$\begin{matrix} Year & 2004 - 05 & 2005 - 06 & 2006 - 07 & 2007 - 08 & 2008 - 09 & 2009 - 10 & 2010 - 11 & 2011 - 12 WPI (2004 - 05) & 121.6 & 127.2 & 132.8 & 140.7 & 145.7 & 155.7 & 161.3 & 166.8 \end{matrix}$

Calculate the inflation rate.

Q. In the two year period from 2004-05 to 2005-06, the average growth in import (in Indian Rupees) of which commodity to India was maximum?

Q. The following table shows the imports (in thousand crore rupees) made by India over the last five years. Draw a bar graph to represent this data.

Year	2001-02	2002-03	2003-04	2004-05	2005-06
Imports (in thousand crore rupees)	148	176	204	232	180

In the year 2005-06 the commodity which witnessed maximum growth in exports (in Indian Rupees) as compared to the year 2004-05 is:

Subscriptions received during the year ended March 31st, 2006 by King Club were as under:

$\begin{matrix} 2004 - 05 Rs 3, 000 2005 - 06 Rs 93, 000 2006 - 07 Rs 2, 000 ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ Rs 98, 000 - --------- - \end{matrix}$

The Club has 500 members each paying @ Rs 200 as annual subscription. Subscriptions outstanding as on March 31st, 2005 were Rs 8,000. Calculate the amount of subscriptions to be shown as income in the Income and Expenditure Account for the year ended March 31st, 2006 and show the relevant data in the Balance Sheet as on 31st March, 2005 and 2006.

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Tax on Banking Cash Transactions (withdrawals) over a certain threshold in a single day was introduced in the Union Budget of which year?

The correct option is B 2005−06Cash Transaction Tax (CTT) is introduced in Budge 2005−2006.

The correct option is B $2005 - 06$
Cash Transaction Tax (CTT) is introduced in Budge $2005 - 2006$ .