Question 65
MediumOriginal questionAssertion (A): GST is an indirect tax.
Reason (R): The WTO was founded in 1995.
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
Both statements are true.
When the WTO was founded has nothing to do with the kind of tax GST is, so R does not explain A.
- Concept
- GST
- Typical timeTypical
- 70 s
- Your timeYours
- —
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Ten questions from Economic Reforms since 1991 (LPG), at your own pace.