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  9. Q50

TGPSC Group-I 2022 · Question 50 of 140

According to the Election and Other Related Laws (Amendment) Act, 2003 : A. A 50% tax exemption to individuals and corporates on all contributions to political parties. B. Disclosure of party finances and contributions over ` 20,000. C. Equitable sharing of time by the recognized political parties on the cable television network and other electronic media (public and private). D. Expenditure by third parties and political parties comes under ceiling limits, and only travel expenditure of leaders of parties is exempted.

indian-polity

  1. AA, B & C only
  2. BB, C & D onlyCorrect
  3. CA, C & D only
  4. DA, B, C & D

Answer: B. B, C & D only

Explanation

The Election and Other Related Laws (Amendment) Act, 2003 provided disclosure of party finances/contributions over Rs. 20,000, equitable media time sharing, and brought third-party expenditure under ceiling limits. Per the final key, the correct combination is B, C & D. Answer: (2).

Source: TGPSC Group-I 2022 Prelims (Master Paper, Notification No. 04/2022)

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