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Assertion (A): Goods and Services Tax (GST) is an indirect tax. Reason (R): The impact and the incidence of tax are on two different person.

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Question

Assertion (A): Goods and Services Tax (GST) is an indirect tax.

Reason (R): The impact and the incidence of tax are on two different person.

Options

  • A is true but R is false.

  • A is false but R is true.

  • Both A & R are true R explains A.

  • Both A & R are true but R does not explain A.

MCQ
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Solution

Both A & R are true R explains A.

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Chapter 6: The State and Economic Development - QUESTIONS [Page 182]

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Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 6 The State and Economic Development
QUESTIONS | Q 4. | Page 182
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