Question:

Given below are two statements : One is labelled as Assertion A and the other is labelled as Reason R
Assertion A : The Indirect taxes Basically imposed by the Government to control the consumption.
Reason R : The Burden of indirect taxes can be shifted.
In the light of the above statements, choose the most appropriate answer from the options given below :

Updated On: Mar 15, 2024
  • Both A and R are correct and R is the correct explanation of A
  • Both A and R are correct but R is NOT the correct explanation of A
  • A is correct but R is not correct
  • A is not correct but It is correct
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The Correct Option is A

Solution and Explanation

The correct answer is (A) : Both A and R are correct and R is the correct explanation of A.
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