Millionaire Mode

Economics

Question 1 of 19

If the rate of tax increases with the higher level of income, it is called _______.

  1. proportional tax
  2. regressive tax
  3. lump sum tax
  4. progressive tax
  5. none of these

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000