Assertion The ratio of Direct taxes to GDP in India has been falling in the recent years Reason Unac...........

Economic Affairs Tax System

Assertion: The ratio of Direct taxes to GDP in India has been falling in the recent years.

Reason: 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 the correct explanation of A.

A is true R is false

A is false R is true

Assertion is incorrect i.e. The ratio of Direct taxes to GDP in India has been falling in the recent years

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