Many times we read a term ‘Tax Haven’ in various newspapers. What does it mean ? It is a country where certain taxes are levied at a very low rate. It is a country where people can dump their illegal money without any problem. It is a place where foreigners can work without paying any tax on their income.

• A. Only 1 and 2
• B. Only 2
• C. Only 2 and 3
• D. Only 1
• E. All 1, 2 and 3