App Logo

No.1 PSC Learning App

1M+ Downloads
Which of the following is a key characteristic of taxes?

AVoluntary payment

BCompulsory payment imposed by law-making authority

CBenefit received in direct proportion to payment

DCan be refused by taxpayers

Answer:

B. Compulsory payment imposed by law-making authority

Read Explanation:

  • Taxes are compulsory payments legally imposed by the government, and taxpayers cannot refuse to pay them


Related Questions:

The positive environment created by social reform movements allowed the state to legally carry forward which types of reforms?
Which of the following is a major reason for the high literacy rate in Kerala, a key factor in its economic development?

Which of the following schemes are part of the National Social Assistance Programme (NSAP) introduced in 1995?

  1. Indira Gandhi National Old Age Pension Scheme (IGNOAPS) is a component of NSAP.
  2. National Family Benefit Scheme (NFBS) is included under NSAP.
  3. Annapurna scheme is a part of the NSAP.
  4. The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is part of NSAP.
    One of the most significant drawbacks of per capita income is that it fails to capture the true standard of living. Which of the following would be a more comprehensive indicator of well-being?
    Poverty in Kerala is mainly observed among which groups?