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प्रश्न
Explain the following with examples:
Progressive tax
थोडक्यात उत्तर
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उत्तर
- A tax is said to be progressive when the rate of tax increases as the taxpayer's income increases.
- Examples of progressive tax are income tax, and estate tax.
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Role of State in Economic Development
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 6: The State and Economic Development - QUESTIONS [पृष्ठ १६८]
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संबंधित प्रश्न
The essential feature of a tax.
Instruments of fiscal policy is:
Monetary policy means regulation of money supply by the monetary authority.
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.
Match the following:
| Column I | Column II | ||
| A. | Impact of tax | (i) | Price stability |
| B. | Incidence of tax | (ii) | Simple to calculate |
| C. | Objective of Monetary Policy | (iii) | Ultimate burden of tax |
| D. | Proportional tax | (iv) | Original imposition of tax |
Distinguish between fiscal policy and monetary policy.
Explain the term proportional taxation.
Explain clearly tour ways by which the state can promote economic growth and development.
How does the state fulfil the following socio-economic objective?
Reducing income inequality.
State the four merits of a direct tax.
