Multiple Choice Questions on Which one of the following canons of taxation was not advocated by Adam Smith ........ for CDS Exam Preparation

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Multiple Choice Questions

Which one of the following canons of taxation was not advocated by Adam Smith ........

Indian Economy (CDS) Introduction
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    Which one of the following canons of taxation was not advocated by Adam Smith?

     

    Canon of equity
     

    Correct Answer

    Canon of certainty
     

    Incorrect Answer

    Canon of convenience
     

    Incorrect Answer

    Canon of fiscal adequacy

    Incorrect Answer
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    Explanation:

    Adam Smith propounded the following first four canons of taxation - (1) Canon of Equity. (2) Canon of Certainty: (3) Canon of Convenience or Ease (4) Canon of Economy. 

    By: Ketan Garg
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