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The………….. Committee on minimum alternate...

The………….. Committee on minimum alternate tax (MAT) has recommended to the finance ministry that the levy shouldn't be imposed for the period preceeding Apr 1, 2015.

A

1.Atlamas Kabir

B

HL Dattu

C

AP Shah

D

Rajendra Mal Lodha

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The correct Answer is:
C
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The ministry of Finance recently released a comprehensive paper on Govt. debt. Which of the following is/are true about the same? (A) The paper presents the road map for general debt to be raised by the Govt. of India during the period of 2011-2015 which is the period of the awards of the 13th Finance commission (B) As per the estimates, the target debt in the terminal year 2014-15 will be lower than whatever recommended by the 13th Finance Commission. (C) The paper has recommended that the Govt. should try to generate resources in such a way that. It does not have to depend much on debt. The total debt should not be more than 1/3rd of the total requirements.

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