Which one of the following statements is correct with regard to the po – McqOptions

MCQOPTIONS

1.	Which one of the following statements is correct with regard to the power of Parliament in enacting the Budget?
A.	It can increase a tax, but not reduce it.
B.	It can increase a tax, as well as reduce or abolish it.
C.	It cannot increase a tax, but can reduce or abolish it.
D.	It can neither increase a tax nor reduce it.
Answer» D. It can neither increase a tax nor reduce it.

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