ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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IRCTC
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Shipping corporation of India
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LIC of India
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NTPC
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Detailed explanation-1: -FM Nirmala Sitharaman elaborated that under the Aspirational India theme, the budget will cover rural, water and sanitation, and education. Three components of Aspirational India: Agriculture, Irrigation, and Rural Development.
Detailed explanation-2: -Finance Minister Nirmala Sitharaman slashed the personal income tax rate for individuals for fiscal year 2020–21. Under the new regime, taxpayers will pay 10%, 15%, 20% and 25% for incomes between ₹500, 000–750, 000, ₹750, 000–1 million, ₹1–1.25 million and ₹1.25–1.5 million, respectively.
Detailed explanation-3: -LIC IPO opens on May 4, 2022, and closes on May 9, 2022. The LIC IPO bid date is from May 4, 2022 10.00 A.M. to May 9, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
Detailed explanation-4: -Finance Minister Nirmala Sitharaman presents the Union Budget 2023-24.