Railways Exam > Railways Questions > Redistribution of income in a country can be...
Start Learning for Free
Redistribution of income in a country can be brought about through
- a)Progressive taxation combined with progressive expenditure
- b)Progressive taxation combined with regressive expenditure
- c)Regressive taxation combined with regressive expenditure
- d)Regressive taxation combined with progressive expenditure
Correct answer is option 'A'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
Redistribution of income in a country can be brought about througha)P...
Progressive taxation is a tax that takes a larger percentage from high-income earners than it does from low-income individuals. Progressive expenditure means large percentage of expenditure from high income earners than low income earners.
View all questions of this test
Most Upvoted Answer
Redistribution of income in a country can be brought about througha)P...
Redistribution of Income in a Country
Progressive Taxation
Progressive taxation is a system where the tax rate increases as the income of an individual or business increases. This system is used to redistribute wealth in a country to reduce income inequality. The higher the income, the higher the tax rate, and vice versa.
Progressive Expenditure
Progressive expenditure is a system where the government allocates more funds towards social welfare programs and services that benefit the lower-income groups. Examples of progressive expenditure include free education, healthcare, and subsidized housing.
Combining Progressive Taxation with Progressive Expenditure
The combination of progressive taxation and progressive expenditure is an effective way to redistribute income in a country. When the government imposes higher taxes on the rich, it can use the revenue generated to fund social welfare programs that benefit the poor. This can help to reduce income inequality in a country.
Example
For example, a government may impose a progressive tax system where individuals earning above a certain income bracket pay a higher tax rate. The government can then use the revenue generated to fund free education, healthcare, and other social welfare programs that benefit the lower-income groups.
Conclusion
Redistribution of income in a country can be brought about through a combination of progressive taxation and progressive expenditure. This system ensures that the rich pay a higher tax rate, and the revenue generated is used to fund social welfare programs that benefit the poor. This can help to reduce income inequality in a country.
Progressive Taxation
Progressive taxation is a system where the tax rate increases as the income of an individual or business increases. This system is used to redistribute wealth in a country to reduce income inequality. The higher the income, the higher the tax rate, and vice versa.
Progressive Expenditure
Progressive expenditure is a system where the government allocates more funds towards social welfare programs and services that benefit the lower-income groups. Examples of progressive expenditure include free education, healthcare, and subsidized housing.
Combining Progressive Taxation with Progressive Expenditure
The combination of progressive taxation and progressive expenditure is an effective way to redistribute income in a country. When the government imposes higher taxes on the rich, it can use the revenue generated to fund social welfare programs that benefit the poor. This can help to reduce income inequality in a country.
Example
For example, a government may impose a progressive tax system where individuals earning above a certain income bracket pay a higher tax rate. The government can then use the revenue generated to fund free education, healthcare, and other social welfare programs that benefit the lower-income groups.
Conclusion
Redistribution of income in a country can be brought about through a combination of progressive taxation and progressive expenditure. This system ensures that the rich pay a higher tax rate, and the revenue generated is used to fund social welfare programs that benefit the poor. This can help to reduce income inequality in a country.
Attention Railways Students!
To make sure you are not studying endlessly, EduRev has designed Railways study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Railways.
|
Explore Courses for Railways exam
|
|
Similar Railways Doubts
Top Courses for RailwaysView all
Redistribution of income in a country can be brought about througha)Progressive taxation combined with progressive expenditureb)Progressive taxation combined with regressive expenditurec)Regressive taxation combined with regressive expenditured)Regressive taxation combined with progressive expenditureCorrect answer is option 'A'. Can you explain this answer?
Question Description
Redistribution of income in a country can be brought about througha)Progressive taxation combined with progressive expenditureb)Progressive taxation combined with regressive expenditurec)Regressive taxation combined with regressive expenditured)Regressive taxation combined with progressive expenditureCorrect answer is option 'A'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about Redistribution of income in a country can be brought about througha)Progressive taxation combined with progressive expenditureb)Progressive taxation combined with regressive expenditurec)Regressive taxation combined with regressive expenditured)Regressive taxation combined with progressive expenditureCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Redistribution of income in a country can be brought about througha)Progressive taxation combined with progressive expenditureb)Progressive taxation combined with regressive expenditurec)Regressive taxation combined with regressive expenditured)Regressive taxation combined with progressive expenditureCorrect answer is option 'A'. Can you explain this answer?.
Redistribution of income in a country can be brought about througha)Progressive taxation combined with progressive expenditureb)Progressive taxation combined with regressive expenditurec)Regressive taxation combined with regressive expenditured)Regressive taxation combined with progressive expenditureCorrect answer is option 'A'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about Redistribution of income in a country can be brought about througha)Progressive taxation combined with progressive expenditureb)Progressive taxation combined with regressive expenditurec)Regressive taxation combined with regressive expenditured)Regressive taxation combined with progressive expenditureCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Redistribution of income in a country can be brought about througha)Progressive taxation combined with progressive expenditureb)Progressive taxation combined with regressive expenditurec)Regressive taxation combined with regressive expenditured)Regressive taxation combined with progressive expenditureCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Redistribution of income in a country can be brought about througha)Progressive taxation combined with progressive expenditureb)Progressive taxation combined with regressive expenditurec)Regressive taxation combined with regressive expenditured)Regressive taxation combined with progressive expenditureCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Railways.
Download more important topics, notes, lectures and mock test series for Railways Exam by signing up for free.
Here you can find the meaning of Redistribution of income in a country can be brought about througha)Progressive taxation combined with progressive expenditureb)Progressive taxation combined with regressive expenditurec)Regressive taxation combined with regressive expenditured)Regressive taxation combined with progressive expenditureCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Redistribution of income in a country can be brought about througha)Progressive taxation combined with progressive expenditureb)Progressive taxation combined with regressive expenditurec)Regressive taxation combined with regressive expenditured)Regressive taxation combined with progressive expenditureCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Redistribution of income in a country can be brought about througha)Progressive taxation combined with progressive expenditureb)Progressive taxation combined with regressive expenditurec)Regressive taxation combined with regressive expenditured)Regressive taxation combined with progressive expenditureCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Redistribution of income in a country can be brought about througha)Progressive taxation combined with progressive expenditureb)Progressive taxation combined with regressive expenditurec)Regressive taxation combined with regressive expenditured)Regressive taxation combined with progressive expenditureCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Redistribution of income in a country can be brought about througha)Progressive taxation combined with progressive expenditureb)Progressive taxation combined with regressive expenditurec)Regressive taxation combined with regressive expenditured)Regressive taxation combined with progressive expenditureCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Railways tests.
|
|
Explore Courses for Railways exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup