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Which of the following is correct? -

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Question

Which of the following is correct?

Options

  • Disposable Income = Personal Income – Direct Taxes

  • Disposable Income = Private Income – Direct Taxes

  • Disposable Income = Personal Income – Indirect Taxes

  • Disposable Income = Private Income – Indirect Taxes

MCQ

Solution

Disposable Income = Personal Income – Direct Taxes

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