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
[siteorigin_widget class=”SiteOrigin_Widget_Accordion_Widget”][/siteorigin_widget]
