Normal 0 MicrosoftInternetExplorer4 Assertion A The ratio of direct taxes to gross domestic product...........

Economic Affairs Tax System

Assertion (A): The ratio of direct taxes to gross domestic production in India has been falling in the recent past

Reason (R): Unaccounted ‘black’ money has grown rapidly

Both A and R are true and R is the correct explanation of A

Both A and R are true and R is not a correct explanation of A

A is true but R is false

A is false but R is true

Assertion and Reason both are correct and Reason is valid.

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