1. According to the Indian Meteorological Department (IMD), in which period of the year does the southwest monsoon occur?

a. JUNE-SEPTEMBER
b. JUNE-AUGUST
c. JUNE-JULY
d. JUNE-OCTOBER

2. According to the MAY 2020 change in the definition of MSME, what is the investment limit for classifying an enterprise as a medium enterprise?

a. 25 CRORE Rs.
b. 30 CRORE Rs.
c. 40 CRORE Rs.
d. 50 CRORE Rs.

3. Recently the Income Tax Return (ITR) form has been notified for the assessment year 2020-21, in which information will be obtained on cash deposits over which limit?

a. 1 CRORE
b. 2 CRORE
c. 3 CRORE
d. 4 CRORE

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Answer:
1 (a) 2 (d) 3 (a)