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Give two main features of a tax. - Economics

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Questions

Give two main features of a tax.

Give two features of a tax.

Answer in Brief

Solution

  1. Tax is a mandatory payment made by the people to the government of a country.
  2. Tax money is used for social welfare.
  3. Tax is a legal payment.
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Chapter 10: Public Revenue - Exercise [Page 175]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 10 Public Revenue
Exercise | Q 2. | Page 175
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 10 Public Revenue
QUESTION BANK | Q 2. (ii) | Page 176
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