Consider the following statements: 1. In India, taxes on transactions – McqOptions

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1.	Consider the following statements: 1. In India, taxes on transactions in the stock market and futures market are levied by the union. 2. Collected by the states. Which of the above statement(s) is/are correct?
A.	only 1
B.	only 2
C.	1 and 2
D.	neither 1 nor 2
Answer» B. only 2

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