Question

Laffer curve predicts what happens as tax rate rises?

A Tax revenue continuously increases.
B Tax revenue continuously decreases.
C Tax revenue initially increases and then decreases.
D Tax revenue remains constant.
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)