Which one of the following statements with regard to the Union Budget of India for the year 2015-2016 is NOT correct?

Question

Which one of the following statements with regard to the Union Budget of India for the year 2015-2016 is NOT correct?

TuteeHUB · Accepted Answer

A Student Financial Aid Authority will be instituted

TuteeHUB · Answer

India Financial Code to be introduced soon in the Parliament

TuteeHUB · Answer

Allocation in defence sector is kept unchanged at around 5% of GDP

TuteeHUB · Answer

No change in the rate of personal income tax

1.	Which one of the following statements with regard to the Union Budget of India for the year 2015-2016 is NOT correct?
A.	India Financial Code to be introduced soon in the Parliament
B.	Allocation in defence sector is kept unchanged at around 5% of GDP
C.	A Student Financial Aid Authority will be instituted
D.	No change in the rate of personal income tax
Answer» C. A Student Financial Aid Authority will be instituted

Discussion