GK

Question 14

Indian Government is planning to introduce GAAR. What is the purpose of GAAR?

Solution

GAAR stands for General anti-avoidance rule. The rule was established under chapter X-A of Income tax act, 1961. The rule was enacted to curtail tax avoidance. Therefore, option E is the right answer.

Share on Whatsapp Share on Whatsapp

Your Doubts

Ask a Doubt (know more)

Drop Your File Here!

** You can Drag and Drop an Image in the above textarea
add image

XAT Quant Questions | XAT Quantitative Ability

XAT DILR Questions | LRDI Questions For XAT

XAT Verbal Ability Questions | VARC Questions For XAT

Free XAT Topicwise Questions

XAT Puzzles

XAT Inequalities

XAT Geography

XAT Number Systems

XAT Profit and Loss

XAT History

XAT Data change over a period

XAT Games and Tournamnents

XAT Invention and Discoveries

XAT Vocabulary

XAT DI with connected data sets

XAT Quant Based LR

XAT GK

XAT Charts

XAT International GK

XAT Linear Equations

XAT Economics

XAT Sports

XAT Reading Comprehension

XAT Geometry

XAT Venn Diagrams

XAT Grammar and Sentence Correction

XAT Culture

XAT Data Sufficiency

XAT Averages, Ratio and Proportion

XAT Science and Technology

XAT Progressions and Series

XAT Functions, Graphs and Statistics

XAT Data Interpretation

XAT Books and Movies

XAT Chemistry

XAT Important Organizations

XAT Capitals and Currencies

XAT Selection With Condition

XAT Para Jumbles

XAT Quant Based DI

XAT Probability, Combinatorics

XAT Logarithms, Surds and Indices

XAT Biology

XAT Para Summary

XAT Truth Lie Concept

XAT Critical Reasoning

XAT Data Interpretation Basics

XAT Indian National Static GK

XAT Special Charts

XAT Politics and Governance

XAT Business

XAT Time, Speed and Distance

XAT Arrangement

XAT Decision Making

XAT Miscellaneous

XAT Scheduling

XAT Quadratic Equations

XAT People and Awards

XAT Current Affairs

cracku

Boost your Prep!

Download App