New Click here to enroll in UIICL SO Finance and Investment Course

    Register

    Question

    Each question given below consists of a statement, followed by two arguments numbered I and II. You have to decide which of the arguments is a 'strong' argument and which is a 'weak' argument. Give answer:

    Statement: Should the government revoke the GST and bring in the previous tax regime?

    Argument I: Yes, the state governments are unable to recover the tax revenues in order to meet their fiscal expenditure.

    Argument II: No, there is always hassle in the beginning of new law. Things will settle in once people get used to it.

    A If only argument I is strong Correct Answer Incorrect Answer
    B If only argument II is strong Correct Answer Incorrect Answer
    C If either I or II is strong Correct Answer Incorrect Answer
    D If neither I nor II is strong Correct Answer Incorrect Answer
    E If both I and II are strong Correct Answer Incorrect Answer

    Solution

    The correct answer is B

    Practice Next