Start learning 50% faster. Sign in now
As per the information given below, the correct answer is option C. Canara Bank, in partnership with the Reserve Bank Innovation Hub (RBIH), has introduced a new customer-friendly service called “Digitalised Submission of Form 15G/15H,” which is aimed at enhancing customer satisfaction. These are self-declaration forms that individuals submit to the bank to avoid the deduction of TDS on interest income, provided their income is below the basic exemption limit. These forms, namely Form 15G (for individuals and HUFs) and Form 15H (for senior citizens), require PAN information to be furnished. A lot of residents, especially senior citizens, submit their 15G and 15H forms to their banks at the beginning of each fiscal year, particularly in the first few weeks of April. Presently, our bank allows these forms to be submitted through online banking or mobile banking, which require familiarity with and access to these services.
In a joint business venture, 'A' contributes Rs. 2400, which is 25% less than 'B’s investment. While 'A's investment lasts for 8 months, 'B' only inve...
Anil started a business by investing some money and Mukesh invested Rs. 10000 more than that of Anil. Anil remained in business for 5 months and Mukesh ...
A and B invested Rs.3000 and Rs.6000 in a business respectively and after 5 months B withdrawn 50% of his initial investment and again after 5 months he...
Pawan, Yamini, and Zoya initiated a business with a total capital of Rs. 184,000. Yamini's and Zoya's initial investments were Rs...
Puneet and Malik began a business venture, initially investing their capital in a 4:5 ratio, respectively. After half a year, Puneet decided to withdraw...
‘A’ started a business by investing Rs. 2000. Four months later, ‘B’ joined by investing Rs. ‘x’. If at the end of the year ‘B’ received...
A, B and C start a business with investing the capital of Rs 1,500, 1,200 and 1,800 respectively. After 5 months, A invests additional amount of Rs. 100...
Palash invest twice the sum invested by Vicky and withdraws half of the sum after 4 months and again withdraws half of the remaining sum after 2 months....
M and N started a business by investing Rs.5000 and Rs.6000 respectively. After 7 months, M and N increased their investments by 60% and Rs.2100 respect...