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प्रश्न
Read the following statements carefully and choose the correct alternative:
Assertion (A): Income tax is a direct tax.
Reason (R): GST is an indirect tax.
पर्याय
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
Assertion (A) is true but Reason (R) is false.
Assertion (A) is false but Reason (R) is true.
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उत्तर
Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
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संबंधित प्रश्न
Instrument of monetary policy is:
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 |
Distinguish between fiscal policy and monetary policy.
State the difference between income tax and expenditure tax.
Citing reason state the advantage of a direct tax over an indirect tax.
To which tax is this shifting of tax burden relevant?
Give an example of Indirect tax.
Explain how indirect taxes can be inflationary.
Explain briefly two merits of indirect tax.
Citing reasons state the superiority of Fostering civic consciousness by direct tax over the same by indirect tax.
