A decrease in tax to GDP ratio of a country indicates which

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A decrease in tax to GDP ratio of a country indicates which of the following?

Select the correct answer using the codes given below.

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[Economics Prelims 2000-2018 Part-2]

A (a) 1 only

(a) केवल 1

B (b) 2 only

(b) 2 ही

C (c) Both 1 and 2

D (d) Neither 1 nor 2

(d) न तो 1 और न ही 2

For the tax/GDP ratio to decrease either the tax collection should decrease o...

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