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    Question

    The abolition of angel tax on startups was primarily

    aimed at:
    A Increasing GST revenue Correct Answer Incorrect Answer
    B Reducing inflation Correct Answer Incorrect Answer
    C Boosting domestic savings Correct Answer Incorrect Answer
    D Facilitating startup investment Correct Answer Incorrect Answer
    E Curtailing imports Correct Answer Incorrect Answer

    Solution

    Angel tax was a deterrent to startup funding. Its removal encouraged investment and eased capital flow to early-stage companies.

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