Question
Which one of the following term is used when the tax
rate increase with increase in the level of income and vice versa?Solution
In a progressive tax system, the tax rate is designed to increase as the income level of an individual or entity increases. This means that individuals with higher incomes will pay a higher proportion of their income in taxes compared to those with lower incomes.
Four of the following five are alike in a certain way and hence form the group. Which of the following ones does not belong to the group?
Four among the five are alike in such a way based on their arrangement. Find the one who does not belong to the group?
Who sits third to the left of K8?
Four among the following five are alike in a certain way and hence form a group. Which of the following does not belong to the group?
How many persons sit to the right of V?
Who sits 3rd to the right of T?
Which of the following statements is/are not true regarding I?
How many persons sitting between D and C?
Which of the following pairs represent those who sit at the extreme ends of the line?
D, E, F, G, J, K, L are sitting around a circular table facing the centre, but not necessarily in the same order. J is the immediate neighbor of L and F...
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