CSE-2019 | Prelims Daily Quiz 73

Question:

Q. Tax-GDP ratio is significant for the Indian economy. With reference to this, consider the following statements:

1. India’s tax-GDP ratio is more than 10%.

2. Only around 10% of Indians pay income tax.

3. Though India’s tax-GDP ratio is quite low as compared to that of OECD countries, it is comparable to that of other emerging countries.

 

Select the correct statement/s using the code given below:

a) 1 only

b) 1 and 2 only

c) 2 and 3 only

d) 1, 2 and 3

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