241: The escape velocity from the earth's surface is about:
(a) 30 km/sec
(b) 6 km/sec
(c) 11.2 km/sec
(d) 300 km/sec
242: Real owners of the company are:
(a) Debenture holders
(b) Directors of the company
(c) Equity shareholders
(d) Bearer bond holders
243: The National Housing Bank was set up in India as a wholly owned subsidiary of which one of the following ?
(a) State Bank of India
(b) Life Insurance Corporation of India
(c) Reserve Bank of India
(d) ICICI Bank
Explanation:
National Housing Bank was set up in 1988 as a wholly owned subsidiary of the RBI, to promote housing finance institutions at local and regional level.
244: Which of the following is not a recommendation of the task force on direct taxes under the chairmanship of Dr Vijay L. Kelkar in the year 2002?
(a) Abolition of Wealth Tax
(b) Increase in the exemption limit of personal income to Rs 1.20 lakh for widows
(c) Elimination of standard deduction
(d) Exemption from tax on dividends and capital gains from the listed equity
Explanation:
Kelkar Committee, 2002 Report recommended for increasing the exemption limit of personal income to Rs. 1.50 lakh, for windows and senior citizens.
245: Consider the following statements:
1. The Reserve Bank of India manages and services Government of India Securities but not any State Government Securities.
2. Treasury bills are issued by the Government of India and there are no treasury bills issued by the State Governments.
3. Treasury bills offer are issued at a discount from the par value. Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 3 Only
(c) 2 and 3 only
(d) 1, 2 and 3