Discussion
The full form of PAN is :
Answer: C
PAN stands for Permanent Account Number.
It is a ten-character alphanumeric identifier issued by the Income Tax Department of India under the Income Tax Act, 1961. It stays the same for life, and is used to track tax payments and high-value financial transactions.
'Permanent' is the key word, because the number never changes, so 'previous' or 'present' account number are wrong. 'Permanent Accreditated Number' is not a real expansion of the abbreviation.
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