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Direction: Each question below has one blank, which is indicating that something has been omitted. Find out which option can be used to fill up the blank in the sentence in the same sequence to make it meaningfully complete.
To keep tabs on high-value cash withdrawals, the Budget has _____________ banks to levy TDS on withdrawals in excess of Rs. 1 crore.
- a)Encouraged
- b)Empowered
- c)Decided
- d)Demonstrated
- e)None of the above
Correct answer is option 'B'. Can you explain this answer?
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Direction: Each question below has one blank, which is indicating that...
It is clear from the context of this sentence that the government has put forward in the budget a proposal that will discourage cash transactions in the high value segment. The banks will be able to penalize the customers doing so going forward. The weapon given to the banks is the implementation of TDS on high value cash transactions. Among the given words, we can use the word empowered to indicate that the banks have been enabled to impose tax on cash transactions. Other words are eliminated because they do not imply the intended meaning.
This makes Option B the correct choice among the given options.
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Direction: Each question below has one blank, which is indicating that...
Empowered
Empowered banks to levy TDS on withdrawals in excess of Rs. 1 crore.
- The term "empowered" means to give authority or power to someone to do something. In this context, the Budget has given authority to banks to levy TDS on high-value cash withdrawals exceeding Rs. 1 crore.
- This action enables banks to monitor and regulate large cash transactions more effectively, which helps in preventing tax evasion and promoting transparency in financial transactions.
- By empowering banks to impose TDS on such withdrawals, the government aims to track and deter activities involving black money and illicit transactions.
- Therefore, the appropriate option to fill in the blank in the sentence to make it meaningful is 'b) Empowered'.
Empowered banks to levy TDS on withdrawals in excess of Rs. 1 crore.
- The term "empowered" means to give authority or power to someone to do something. In this context, the Budget has given authority to banks to levy TDS on high-value cash withdrawals exceeding Rs. 1 crore.
- This action enables banks to monitor and regulate large cash transactions more effectively, which helps in preventing tax evasion and promoting transparency in financial transactions.
- By empowering banks to impose TDS on such withdrawals, the government aims to track and deter activities involving black money and illicit transactions.
- Therefore, the appropriate option to fill in the blank in the sentence to make it meaningful is 'b) Empowered'.
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Direction: Each question below has one blank, which is indicating that something has been omitted. Find out which option can be used to fill up the blank in the sentence in the same sequence to make it meaningfully complete.To keep tabs on high-value cash withdrawals, the Budget has _____________ banks to levy TDS on withdrawals in excess of Rs. 1 crore.a)Encouraged b)Empowered c)Decided d)Demonstratede)None of the aboveCorrect answer is option 'B'. Can you explain this answer?
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Direction: Each question below has one blank, which is indicating that something has been omitted. Find out which option can be used to fill up the blank in the sentence in the same sequence to make it meaningfully complete.To keep tabs on high-value cash withdrawals, the Budget has _____________ banks to levy TDS on withdrawals in excess of Rs. 1 crore.a)Encouraged b)Empowered c)Decided d)Demonstratede)None of the aboveCorrect answer is option 'B'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about Direction: Each question below has one blank, which is indicating that something has been omitted. Find out which option can be used to fill up the blank in the sentence in the same sequence to make it meaningfully complete.To keep tabs on high-value cash withdrawals, the Budget has _____________ banks to levy TDS on withdrawals in excess of Rs. 1 crore.a)Encouraged b)Empowered c)Decided d)Demonstratede)None of the aboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Each question below has one blank, which is indicating that something has been omitted. Find out which option can be used to fill up the blank in the sentence in the same sequence to make it meaningfully complete.To keep tabs on high-value cash withdrawals, the Budget has _____________ banks to levy TDS on withdrawals in excess of Rs. 1 crore.a)Encouraged b)Empowered c)Decided d)Demonstratede)None of the aboveCorrect answer is option 'B'. Can you explain this answer?.
Direction: Each question below has one blank, which is indicating that something has been omitted. Find out which option can be used to fill up the blank in the sentence in the same sequence to make it meaningfully complete.To keep tabs on high-value cash withdrawals, the Budget has _____________ banks to levy TDS on withdrawals in excess of Rs. 1 crore.a)Encouraged b)Empowered c)Decided d)Demonstratede)None of the aboveCorrect answer is option 'B'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about Direction: Each question below has one blank, which is indicating that something has been omitted. Find out which option can be used to fill up the blank in the sentence in the same sequence to make it meaningfully complete.To keep tabs on high-value cash withdrawals, the Budget has _____________ banks to levy TDS on withdrawals in excess of Rs. 1 crore.a)Encouraged b)Empowered c)Decided d)Demonstratede)None of the aboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Each question below has one blank, which is indicating that something has been omitted. Find out which option can be used to fill up the blank in the sentence in the same sequence to make it meaningfully complete.To keep tabs on high-value cash withdrawals, the Budget has _____________ banks to levy TDS on withdrawals in excess of Rs. 1 crore.a)Encouraged b)Empowered c)Decided d)Demonstratede)None of the aboveCorrect answer is option 'B'. Can you explain this answer?.
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