27 Views

Question : The difference between indirect taxes and subsidies is _________________. 

Option 1: Net direct taxes

Option 2: Factor market

Option 3: Market price

Option 4: None of the above. 


Team Careers360 24th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: None of the above. 


Solution :

The distinction between indirect taxes and subsidies is known as net indirect tax (NIT). The government of a country imposes taxes on the production and sale of goods and services, such as the GST (Goods and Services Tax).
Hence, Option D is correct.

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Indus University M.Tech Admis...
Apply
Highest CTC 26 LPA | Top Recruiters: Accenture, TCS, Tech Mahindra, Capgemini, Microsoft
MAHE, Manipal - B.Tech Admiss...
Apply
Last Date to Apply: 15th March | NAAC A++ Accredited | Accorded institution of Eminence by Govt. of India | NIRF Rank #3
Greater Noida Institute of Te...
Apply
NAAC A+ Accredited | Highest CTC 70 LPA | Average CTC 6.5 LPA | 400+ Recruiters
Guru Nanak College - B.Tech 2026
Apply
3000+ Successful Placements | 100+ Leading Recruiters
Victoria University, Delhi NCR
Apply
Apply for UG & PG programmes from Victoria University, Delhi NCR Campus
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books