Question
In which type of tax is the marginal tax rate higher
than the average tax rate?Solution
The highest dollar earned will fall into a higher tax bracket. This means that your marginal tax rate will likely be higher than your effective tax rate, which is the average rate you pay on all your income. This method of taxation is known as progressive taxation.
Which of the following is not a part of India’s National Debt?
Which of the following is/are potential benefits of incoming Foreign Direct Investments (FDI) in a country?
1.   Human resource development
Which International Organisation provides Emergency Use Listing (EUL) status for various Covid vaccines worldwide.
With reference to the Production Linked Incentive Scheme,choose the correct statements from below-
I.The PLI Scheme was launched in March 2020 in...
Who is the MD & CEO of Karur Vysya Bank ?
Consdier the following statement about International Food Policy Research Institute (IFPRI):
I. IFPRI was established in 1976.
II. It prov...
Which of the following can be defined as a solution that allows banks to offer a multitude of customer-centric services on a 24x7 basis?
Which of the following statements is/are TRUE with respect to the Statutory Liquidity Ratio ?
I.The SLR was prescribed by Section 24 (2A) of Bank...
With reference to Pradhan Mantri Fasal Bima Yojana, consider the following statements:
1. Under this scheme, farmers will have to pay a uniform p...
Which of the following pairs is/are correctly matched?
<...
Relevant for Exams:
