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NextQ38

Read the following statements - Assertion (A) and Reason (R). Choose the correct alternative from the options given below : Assertion (A) : Direct taxes are imposed on income/profits of individuals/companies. Reason (R) : The burden of payment of direct taxes cannot be shifted to any other entity.

Meaning and Objectives of Government BudgetStudy Simplify SpecialPYQ1MCQ
Question 37

Read the following statements carefully : Statement 1 : Public goods are those goods for which the payments are made by all the entities in the country. Statement 2 : Private goods are those goods which are provided by the government of a country at subsidised rates. In the light of the given statements, choose the correct option from the following :

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