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| Q.22 | As per APMC Act, 1965, what is the penalty for failure to pay property tax within the due date | |
| Ans | 1. Simple Interest at the rate of 1% per mensem | |
| 2. Compound interest at the rate of 1% per mensem | ||
| 3. Simple Interest at the rate of 2% per mensem | ||
| 4. Compound interest at the rate of 2% per mensem |
Correct Ans Provided: 3
