Banking And Financial Institutions - Practice Test

(A) fully exempt in the hands of unit holders

(B) fully taxable in the hands of unit holders

(C) fully exempt in the hands of individual unit holders and fully taxable in the hands of institutional unit holders

(D) included in the gross total income but a deduction is allowed under section 80 L

(A) fully exempt in the hands of unit holders

(A) Finance Ministry

(B) SEBI

(C) RBI

(D) Respective state government

(C) RBI

(A) SBI

(B) Central Bank of India

(C) HDFC

(D) DENA Bank

(C) HDFC

(A) (i) only

(B) (ii) only

(C) (ii) and (iii) only

(D) None of the above

(D) None of the above

(A) Foreign currency and gold with RBI

(B) Gold reserves with government

(C) Deposits with SBI

(D) Assets of EXIM bank

(A) Foreign currency and gold with RBI

Banking And Financial Institutions - Study Mode