Prelims 2023 • Paper 1 (GS) • Q.21

Prelims • Paper 1 (GS) • 2023 • Q.21

Indian Economy

Consider the following statements :

Statement-I

Interest income from the deposits in Infrastructure Investment Trusts (InvITs) distributed to their investors is exempted from tax, but the dividend is taxable.

Statement-II

InvITs are recognized as borrowers under the 'Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002'.

Which one of the following is correct in respect of the above statements?

2023 Prelims • Paper 1 (GS)

Q.20 Q.22

Syllabus Connection

Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. (GS-III)

NCERT Connection

Ch.3: Liberalisation, Privatisation and Globalisation: An Appraisal

Economics • Class 11 • Class 11 Indian Economic Development

Ch.5: Government Budget and the Economy

Economics • Class 12 • Class 12 Macroeconomics

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