Question:

Which of the following Statements correctly relates to 'Pink Tax"?

  • It is a tax legally imposed on women in some countries.
  • It is a tax imposed legally, the proceeds of which go for the development of women.
  • It is the name of the phenomenon wherein women pay more for women specific goods and services.
  • It is a kind of tax relief given for women specific products.
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The Correct Option is C

Solution and Explanation

The correct option is (C):It is the name of the phenomenon wherein women pay more for women specific goods and services..
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