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EPFO APFC 2016 • General Studies • Q.117

Q.116Q.118
EPFO APFC 2016 • General Studies • Q.117
Q.116Q.118
EPFO APFC • General Studies • 2016 • Q.117
Indian EconomyMedium
Statement (I)
The effects of an income tax on consumption, saving and investment are micro effects.
Statement (II)
Income tax is an example of direct tax.
2016 EPFO APFC • General Studies
Q.116Q.118

Syllabus Connection

Fiscal/Monetary Policy & Financial System: Fiscal policy (budget, fiscal deficit), monetary policy (tools, RBI functions), banking system & NBFCs, Finance Commission (functions & role). (APFC)

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