When indirect taxes equal subsidies net indirect taxes are zero. Therefore market price and factor cost are equal.
Step 2
Why this answer is correct
The correct answer is C. दोनों बराबर होंगे / Both will be equal. When indirect taxes equal subsidies net indirect taxes are zero. Therefore market price and factor cost are equal.
Step 3
Exam Tip
कर और सब्सिडी बराबर होने पर शुद्ध अप्रत्यक्ष कर शून्य होता है। इसलिए बाजार मूल्य और साधन लागत बराबर होते हैं।
Negative net indirect taxes mean subsidies are greater. Therefore factor cost may be higher than market price.
Step 2
Why this answer is correct
The correct answer is B. साधन लागत / Factor cost. Negative net indirect taxes mean subsidies are greater. Therefore factor cost may be higher than market price.
Step 3
Exam Tip
ऋणात्मक शुद्ध अप्रत्यक्ष कर का अर्थ सब्सिडी अधिक होना है। इसलिए साधन लागत बाजार मूल्य से अधिक हो सकती है।
Goods and Services Tax is an indirect tax imposed on goods and services. Income tax and corporation tax are direct taxes.
Step 2
Why this answer is correct
The correct answer is B. वस्तु एवं सेवा कर / Goods and Services Tax. Goods and Services Tax is an indirect tax imposed on goods and services. Income tax and corporation tax are direct taxes.
Step 3
Exam Tip
वस्तु एवं सेवा कर वस्तुओं और सेवाओं पर लगाया जाने वाला अप्रत्यक्ष कर है। आयकर और निगम कर प्रत्यक्ष कर हैं।
Income tax is directly imposed on a person's income so it is a direct tax. Direct taxes do not create the difference between market price and factor cost.
Step 2
Why this answer is correct
The correct answer is C. आयकर / Income tax. Income tax is directly imposed on a person's income so it is a direct tax. Direct taxes do not create the difference between market price and factor cost.
Step 3
Exam Tip
आयकर सीधे व्यक्ति की आय पर लगाया जाता है इसलिए यह प्रत्यक्ष कर है। बाजार मूल्य और साधन लागत के अंतर में प्रत्यक्ष कर शामिल नहीं होता।
Market price includes net indirect taxes. Wages rent interest and profit are parts of factor cost.
Step 2
Why this answer is correct
The correct answer is A. शुद्ध अप्रत्यक्ष कर / Net indirect taxes. Market price includes net indirect taxes. Wages rent interest and profit are parts of factor cost.
Step 3
Exam Tip
बाजार मूल्य में शुद्ध अप्रत्यक्ष कर शामिल होता है। मजदूरी किराया ब्याज और लाभ साधन लागत के भाग हैं।
Wages are the reward paid to labour and therefore form part of factor cost. Taxes and subsidies are price adjustments.
Step 2
Why this answer is correct
The correct answer is C. मजदूरी / Wages. Wages are the reward paid to labour and therefore form part of factor cost. Taxes and subsidies are price adjustments.
Step 3
Exam Tip
मजदूरी उत्पादन के श्रम साधन को मिलने वाला प्रतिफल है इसलिए साधन लागत का भाग है। कर और सब्सिडी मूल्य समायोजन हैं।
Wages rent interest and profit are rewards to factors of production. Their sum represents factor cost.
Step 2
Why this answer is correct
The correct answer is A. साधन लागत / Factor cost. Wages rent interest and profit are rewards to factors of production. Their sum represents factor cost.
Step 3
Exam Tip
मजदूरी किराया ब्याज और लाभ उत्पादन के साधनों को मिलने वाले प्रतिफल हैं। इनका योग साधन लागत को दर्शाता है।
The final price paid by the consumer is called market price. It reflects the effect of indirect taxes and subsidies.
Step 2
Why this answer is correct
The correct answer is B. बाजार मूल्य / Market price. The final price paid by the consumer is called market price. It reflects the effect of indirect taxes and subsidies.
Step 3
Exam Tip
उपभोक्ता द्वारा चुकाया गया अंतिम मूल्य बाजार मूल्य कहलाता है। इसमें अप्रत्यक्ष कर और सब्सिडी का प्रभाव होता है।
