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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. - Economic Applications

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Question

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.

Options

  • 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.

MCQ

Solution

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

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Role of State in Economic Development
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Chapter 6: The State and Economic Development - QUESTIONS [Page 165]

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Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 6 The State and Economic Development
QUESTIONS | Q 3. | Page 165
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