Economics · Public Finance
According to Adolph Wagner's fiscal principles, an excellent tax system is one which:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Minimizes public discontentment
- 2Minimizes the administrative cost of revenue collection
- 3Reduces income inequalities significantly
- 4Can generate adequate and sufficient revenue✓
Correct answer
Can generate adequate and sufficient revenue
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Public Finance MCQs →Want more practice questions on Public Finance?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Public Finance