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  9. Q227

RBI Grade B Officer (General / DEPR / DSIM) 2021 · Question 227 of 260

Which of the following benefits have been announced in Union Budget 2021-22 for Startups? 1. Residency limit for an Indian to set up one person company has been reduced from 182 days to 120 days. 2. Loans ranging from Rs 10 lakhs to Rs 50 lakhs will be given to women / SC / ST for brownfield projects 3. In order to incentivize startups it is proposed to extend eligibility period to claim tax holiday by one more year till 31st March 2022. 4. Government has announced revision in definition of small companies by increasing their threshold for paid up capital from not exceeding Rs 50 lakh to not exceeding Rs 2 crore and turnover from not exceeding Rs 2 crore to not exceeding 10 crore.

Union Budget

  1. AA. 1 and 2 only
  2. BB. 2 and 4 only
  3. CC. 1 and 3 onlyCorrect
  4. DD. 3 and 4 only
  5. EE. 2 and 3 only

Answer: C. C. 1 and 3 only

Official answer key verified. Detailed explanation coming soon.

Source: RBI Grade B Phase 2 2021 Economic and Social Issues recollected questions with answer key (EduTap compilation) · memory-based

← Q226View full paper (260 questions)Q228 →

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