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Which of the following affects national income? (Choose the correct alternative.) (a) Goods and Service tax (b) Corporation tax (c) Subsidies (d) None of the above - Economics

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प्रश्न

Which of the following affects national income? (Choose the correct alternative.)

विकल्प

  • Goods and Service tax

  • Corporation tax

  • Subsidies

  • None of the above

MCQ
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उत्तर

None of the above

Explanation:

  • National Income is calculated at factor cost, so taxes and subsidies affect it.
  • Indirect taxes like GST reduce National Income.
  • Subsidies increase National Income since they are added.
  • Direct taxes like corporation tax also influence disposable income and government revenue.
  • Since all the given options affect National Income in some way.
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2017-2018 (March) All India Set 3
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