RBI Assistant Model Paper 5

Question : 98 of 100

Marks: +1, -0

Statement : The Income Tax authorities carried out raids at three different business houses in the city last week.
Which of the following can be a possible effect of the above statement ?

The three business houses are regular defaulters in payment of their income tax.
The Income Tax department had received a tip off about the illegal activities going on in the three business houses.
The Government decided to look into the matter and has appointed an inquiry committee.
Other business houses took immediate action to clear off all their income tax dues in order to avoid a raid on their establishments.
The authorities intend to conduct raids in several other business houses in the vicinity.

Validate

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