Multiple Choice Questions on Redistribution of income in a country can be brought about through ........ for General Studies (Level 1) Preparation

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Multiple Choice Questions

Redistribution of income in a country can be brought about through ........

Indian Economy (Easy) Budgeting and Fiscal policy
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    Redistribution of income in a country can be brought about through

    Progressive taxation combined with progressive expenditure

    Correct Answer

    Progressive taxation combined with regressive expenditure

    Incorrect Answer

    Regressive taxation combined with regressive expenditure

    Incorrect Answer

    Regressive taxation combined with progressive expenditure

    Incorrect Answer
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    Explanation:

    Progressive taxation is a tax that takes a larger percentage from high-income earners than it does from low-income individuals. Progressive expenditure means large percentage of expenditure from high income earners than low income earners.

    By: MIRZA SADDAM HUSSAIN
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