2431: Under which of the following circumstances may 'capital gains' arise?
1. When there is an increase in the sales of a product
2. When there is a natural increase in the value of the property owned
3. When you purchase a painting and there is a growth in its value due to increase in its popularity
Select the correct answer using the codes given below :
(a) 1 only
(b) 2 and 3 only
(c) 2 only
(d) 1, 2 and 3
2432: With reference to the Delimitation Commission, consider the following statements :
1. The orders of the Delimitation Commission cannot be challenged in a Court of Law.
2. When the orders of the Delimitation Commission are laid before the Lok Sabha or State Legislative Assembly, they cannot effect any modifications in the orders.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
2433: Which one of the following statements correctly describes the meaning of legal tender money ?
(a) The money which is tendered in courts of law to defray the fee of legal cases
(b) The money which a creditor is under compulsion to accept in settlement of his claims
(c) The bank money in the form of cheques, drafts, bills of exchange, etc.
(d) The metallic money in circulation in a country
2434: With reference to the cultural history of India, the memorizing of chronicles, dynastic histories and Epictales was the profession of who of the following?
(a) Shramana
(b) Parivraaj
(c) Agrahaarika
(d) Magadha
2435: Many transplanted seedlings do not grow because
(a) the new soil does not contain favourable minerals
(b) most of the root hairs grip the new soil too hard
(c) most of the root hairs are lost during transplantation
(d) leaves get damaged during transplantation