Question

Given below are two statements : One is labelled as Assertion A and the other is labelled as Reason R
Assertion A : The Indirect taxes Basically imposed by the Government to control the consumption.
Reason R : The Burden of indirect taxes can be shifted.
In the light of the above statements, choose the most appropriate answer from the options given below :

• A. Both A and R are correct and R is the correct explanation of A
• B. Both A and R are correct but R is NOT the correct explanation of A
• C. A is correct but R is not correct
• D. A is not correct but It is correct

Answer 1

The Correct Option is A

The correct answer is (A) : Both A and R are correct and R is the correct explanation of A.