Economics · Public Finance and Taxation
Match LIST-I (Glossary Term) with LIST-II (Definition): LIST-I (Glossary Term) A. Fiscal Stability B. Compliance Cost C. Tax Evasion D. Tax Administration LIST-II (Definition) I. The time, effort, and money spent by taxpayers to meet tax obligations. II. The illegal avoidance of taxes by misreporting income or not paying due taxes. III. The government's ability to maintain sustainable levels of revenue and expenditure without excessive deficits or debt. IV. The implementation, management, and enforcement of tax laws by government authorities. Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A-III, B-II, C-IV, D-I
- 2A-IV, B-III, C-II, D-I
- 3A-II, B-IV, C-I, D-III
- 4A-III, B-I, C-II, D-IV✓
Correct answer
A-III, B-I, C-II, D-IV
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