MPSC PYQEconomicsmarathi

Which of the following is/are characteristics of 'Ability to pay Principle'? (a) High income earners and wealthier individuals should pay more income tax. (b) Low income earners and poor peoples are exempted from paying income tax.

A.Only (a)
B.Only (b)
C.Both (a) and (b)
D.None of these

Correct answer: C

Source paper

MPSC Group B Combined Pre 2025 (Marathi)

Practice more questions