MCQOPTIONS
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| 1. |
Q: Should there be only a uniform rate of income tax irrespective of the level of income? Arguments : I. Yes. This will substantially reduce the work of the officials of the income tax department. II. No. This will reduce Govt tax collection to a large extent |
| A. | If only argument I is strong |
| B. | If only argument II is strong |
| C. | If neither I nor II is strong |
| D. | If both I and II are strong |
| Answer» C. If neither I nor II is strong | |