Following are some of the effects of parallel economy in India

Posted by MCQ LOG at 9:24 PM

Following are some of the effects of parallel economy in India :

(a) Loss of revenue to the Government

(b) Greater burden on honest tax-payers

(c) Results in equitable distribution of wealth and income

(d) Encouragement to non-essential items of conspicuous consumption.


Find the correct combination from the codes given below :

(1) (a), (b) and (c)

(2) (a), (b) and (d)

(3) (b), (c) and (d)

(4) (a) and (d)



Answer: (2) (a), (b) and (d)