Q: 116 (CAPF/2013)

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The Central Board of Direct Taxes (CBDT) in June 2013 has specified a value for the cost inflation index of 2013-1
4. In this regard, which of the statements given below is/are correct?
1. There has been a rise in the cost inflation index over the year 2012-1
3.
2. The cost inflation index helps in reducing the inflationary gains, thereby reducing the long-term capital gains tax payout for a taxpayer.
Select the correct answer using the code given below.
question_subject: 
Economics
question_year: 
2013
question_exam: 
CAPF
stats: 
0,896,456,240,160,896,56