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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
Taxes in which the rate of tax remains the same, though the tax bases changes are called ______.
Match the following and select the correct option:
| Column A | Column B | ||
| (i) | Taxes imposed on income and wealth | A. | Regressive |
| (ii) | Taxes imposed on goods and services | B. | Progressive |
| (iii) | A tax system where the rate of tax decreases with increase income | C. | Direct taxes |
| (iv) | A tax system where the rate of tax increases as income increase | D. | Indirect taxes |
Wealth tax is an example of:
Distinguish between fiscal policy and monetary policy.
An indirect tax is not always equitable. Give two reasons to support your answer.
What is meant by shifting of tax burden?
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
Explain the term Impact of a tax.
Differentiate between progressive and regressive taxes giving an example for each.
Give two examples of direct taxes.
