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  • Indian Economy : Money and Banking
  • Directions: Choose the correct option for the given quest...
Multiple choice

Directions: Choose the correct option for the given question:

The tax collected by the State Governments and given to local bodies is

  1. Income Tax

  2. Wealth Tax

  3. House Tax

  4. Professional Tax

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Professional tax is a tax levied by state governments on professions, trades, and callings, and the proceeds are often assigned to local bodies.

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