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प्रश्न
The government imposes tax ______.
विकल्प
To raise revenue
To reduce inequalities of income and wealth
Both to raise revenue and to reduce inequalities of income and wealth
Neither to raise revenue nor to reduce inequalities of income and wealth
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उत्तर
Both to raise revenue and to reduce inequalities of income and wealth.
Explanation:
- The government imposes taxes to raise revenue for funding public services, infrastructure, and other government activities.
- Taxes are also used to reduce inequalities of income and wealth by redistributing wealth through progressive taxation and social welfare programs.
संबंधित प्रश्न
The essential feature of a tax.
Instrument of monetary policy is:
The following table indicates:
| Tax Base in ₹ | Rate of tax in % |
| 10,000 | 8 |
| 20,000 | 8 |
| 30,000 | 8 |
| 40,000 | 8 |
Define fiscal policy.
Citing reason state the advantage of a progressive tax over proportional tax.
An indirect tax is not always equitable. Give two reasons to support your answer.
Explain how indirect taxes can be inflationary.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Explain the state's role in achieving the objective of social justice in less developed countries.
Define the following term:
Fiscal deficit
