TNPSC Abbreviations Multiple Choice Questions and Answers - 3
Question: 11
In India FERA has been replaced by?
(A) FELA
(B) FENA
(C) FETA
(D) FEMA
Ans: D
FEMA
Question: 12
MODVAT refers to
(A) Property tax
(B) Excise Duty
(C) House Tax
(D) Education Policy
Ans: B
Excise Duty
Question: 13
For which word, the letter ‘G’ has been used in ‘2G Spectrum’?
(A) Google
(B) Generation
(C) Government
(D) Global
Ans: B
Generation
Question: 14
PAN is related to
(A) Excise Duty
(B) Income tax
(C) Wealth tax
(D) Sales tax
Ans: B
Income tax
Question: 15
Expand the term SWIFT
(A) Society for Worldwide International Financial Telecommunications
(B) Society for Worldwide Interbrain Fiscal Transactions
(C) Society for Worldwide International Financial Transfers
(D) Society for the Worldwide Interbank Financial Telecommunications
Ans: D
Society for the Worldwide Interbank Financial Telecommunications
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