BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In your personal filing system, you should keep all of the following EXCEPT
A
Net worth statements
B
Medical receipts for the past 10 years
C
Income and expense records
D
A personal property inventory
Explanation: 

Detailed explanation-1: -It helps doctors and care giver’s to minutely assess and give the best of medical facilities to the patient. In addition, a patient’s medical history allows him/her to take steps to reduce his or her risk.

Detailed explanation-2: -Medical records must be kept for at least 10 or 15 years after last attendance or official contact or access by or on behalf of patient, or until the patient attains the age of 25 years, depending on Peer Hospital Group category.

Detailed explanation-3: -Children Allowances Such allowance received by the employer towards children’s education is exempt from tax. However, the employee can claim a maximum of Rs.100 per month as an exemption or Rs.1, 200 per annum. The exemption is allowed for a maximum of 2 children.

There is 1 question to complete.