Instructions

Read the following information carefully and answer the question which follows.

Question 38

All existing and upcoming hotels within 5km radius of national parks and sanctuaries in India will have to pay 30% of their annual turnover as tax to the government
Which of the following statements can be inferred from the facts/information given in the above statement ?

Solution

The purpose of tax collection is to us the money so obtained for betterment and maintenance of existingfacilities.
Therefore, we can safely infer that the tax would be used for betterment of national park and sanctuaries. Hence, option A  is correct.
 


Create a FREE account and get:

  • Banking Quant Shortcuts PDF
  • Free Banking Study Material - (15000 Questions)
  • 135+ Banking previous papers with solutions PDF
  • 100+ Online Tests for Free

cracku

Boost your Prep!

Download App