What is meant by 'tax incidence'?

Question

Economics · Economics

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Share:

Correct answer

The ultimate burden of a tax borne by an individual or entity.

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Chapter Practice

Want more practice questions on Economics?

Solve complete topic-wise tests with detailed solutions on GkGet.

Recommended practice questions in Economics · Economics

Mahatma Gandhi's last fast unto death in 1948 was primarily against which of the following?

What was the primary meaning of 'Swaraj' as popularized by Mahatma Gandhi during India's independence movement?

What was one major impact of India’s independence on its economy?

Answer 1

The income generated from taxes.

Answer 2

The benefit derived from taxes.

Answer 3

The ultimate burden of a tax borne by an individual or entity.

Answer 4

The tax collected by the government.

Related Practice Questions