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In India FERA has been replaced by?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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