AIEEE Questions

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The standard deduction of Rs. 40,000 is seek to provide relief to salaried tax payers in the Budget proposals in place of the present exemption allowed for transport allowance and reimbursement of miscellaneous medical expenses.

DNA - Deoxyribonucleic acid is a type of nucleic acid. The sugar contained in it is called Deoxyribose.

The Suez Canal in Egypt, is a 101 mile long canal that connects the Mediterranean Sea with the Gulf of Suez, a northern branch of the Red Sea. It was built in 1869 by Ferdinand de Lesseps.

Appropriations are annual decisions made by Congress about how the federal government spends some of its money. In general, the appropriations process addresses the discretionary portion of the budget – spending ranging from national defense to food safety to education to federal employee salaries, but excludes mandatory spending, such as Medicare and Social Security, which is spent automatically according to formulas.

Hence, congress grants funds to federal agencies and programs during the appropriations process.

Small Industries and Development Bank of India (SIDBI) announced a plan to promote micro-enterprises in 115 aspirational districts across the country. It has tied up with Common Service Centre (CSC).