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    Question

    What was the growth rate of India's gross tax revenue

    for the 1st Quarter of 2023 (April to July) compared to the same period in the previous year, according to government data?
    A 2.8% Correct Answer Incorrect Answer
    B 5.6% Correct Answer Incorrect Answer
    C 1.4% Correct Answer Incorrect Answer
    D 8.2% Correct Answer Incorrect Answer
    E 3.5% Correct Answer Incorrect Answer

    Solution

    India's gross tax revenue for the 1st Quarter of 2023 reported a growth of merely 2.8% to Rs 8.9 trillion compared to the same period a year ago. This means that the correct answer is option B, as the growth rate was 2.8%.

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