Mathematics · Logical Reasoning
Statement: 'A sudden decline in GST tax collection pulled down the overall rise in gross direct tax mobilization in the first half of the current year, ruling out any pickup in growth in the first quarter of the year, indicating that the government will find it difficult to meet its tax target for this year.' Which of the following inferences can be logically concluded solely based on the information provided in the statement?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Industrial production and development slowed down in the first half of the year.
- 2The government has achieved the target of corporate tax collection in comparison to the previous year.
- 3The government is likely to face difficulties in achieving the target of GST tax due to a slowdown in production.
- 4The low collection in GST tax pulled down the overall growth expectation for the specified period.✓
Correct answer
The low collection in GST tax pulled down the overall growth expectation for the specified period.
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