Question

Which of the following statements about Indirect Tax is incorrect?

A The burden of the tax can be shifted to another person.
B This tax is paid by the final consumer of goods and services.
C This tax helps in reducing inflation.
D This tax is regressive in nature
Practice Next

Relevant for Exams:

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)