Options
- A
Rs. 25,000
- B
Rs. 5,000
-
Rs. 12,500
Correct answer
- D
NIL
Why this is the answer
Section 87A offers a rebate of up to Rs. 12,500 for resident individuals with total income not exceeding Rs. 5 lakh.
Test yourself for real
Take a full NISM Series X mock test.
Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.