Q1 What are the investment options available for saving tax

a. Life Insurance

b. Medical or Health insurance

c. Investing in stock market

d. Both 1 and 2

Q2 What is the maximum limit of investment in Insurance for which you can avail tax benefits

a. 100000

b. 135000

c. 75000

d. 200000

Q3 In our life insurance policy you get tax benefits on

a. Amount invested

b. Interest earned

c. Maturity amount

d. All of the above

Q4 What is the amount you can invest for medical insurance of your parents to avail of tax benefits

a. Rs 15,000

b. Rs 20,000

c. Rs. 10000

d. Either 1 or 2

Q5 You do not have to pay tax if total income is ( For males <65 years of age )

a. Less then 2.5 lakhs

b. Less then1.80 lakhs

c. Less then 1.50 lakhs

d. Less then 1.95 lakhs

Q6 Last date for filing tax returns for individuals is

a. 31 July

b. 31 March

c. 30 April

d. 15 December

Q7 What is the maximum amount that can be saved by taking medical insurance policy

a. 20000

b. 30000

c. 35000

d. Either 2 or 3

Q8 When you invest in life insurance you get tax benefits under which deduction

a. 80C

b. 80D

c. 80G

d. 80E

Q9 What is surcharge percentage in case your taxable income exceeds Rs. 10 lakhs (individual)

a. 3 %

b. 10 %

c. 20 %

d. 30 %

Q10 What are the benefits offered by life insurance

a. Tax benefits

b. Long term goal based savings

c. Protection

d. All of the above