Advertisements
Advertisements
Question
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 |
Options
A. (iv), B. (iii), C. (i), D. (ii)
A. (iii), B. (iv), C. (ii), D. (i)
A. (iv), B. (ii), C. (i), D. (iii)
A. (ii), B. (i), C. (iii), D. (iv)
MCQ
Match the Columns
Advertisements
Solution
A. (iv), B. (iii), C. (i), D. (ii)
Explanation:
| Column I | Column II | ||
| A. | Impact of tax | (iv) | Original imposition of tax |
| B. | Incidence of tax | (iii) | Ultimate burden of tax |
| C. | Objective of Monetary Policy | (i) | Price stability |
| D. | Proportional tax | (ii) | Simple to calculate |
shaalaa.com
Role of State in Economic Development
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
______ are those taxes which are paid by the same person on whom they have been imposed.
Fiscal policy means public expenditure and tax policy of the government.
Wealth tax is an example of:
Which of the statement is true for income tax?
Match the following:
| Column I | Column II | ||
| A. | Direct tax | (i) | Tax rate increases with tax base |
| B. | Indirect tax | (ii) | Tax rate remains constant |
| C. | Proportional tax | (iii) | Imposed on goods and services |
| D. | Progressive tax | (iv) | Impact and incidence lie on the same person |
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
Define a degressive tax.
Give an example of Indirect tax.
Give one example of progressive tax.
Explain the term Impact of a tax.
