UPSC Exam  >  UPSC Questions  >  Buoyancy of tax refers to:a)Relationship betw... Start Learning for Free
Buoyancy of tax refers to: 
  • a)
    Relationship between the changes in government’s tax revenue growth and the changes in Investment. 
  • b)
    Relationship between the changes in government’s tax revenue growth and the changes in GDP. 
  • c)
    Relationship between the changes in government’s tax revenue growth and the changes in demand. 
  • d)
    Relationship between the changes in government’s tax revenue growth and the changes in Inflation.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Buoyancy of tax refers to:a)Relationship between the changes in govern...
  • There is a strong connection between the government’s tax revenue earnings and economic growth. The simple fact is that as the economy achieves faster growth, the tax revenue of the government also goes up.
  • Tax buoyancy explains this relationship between the changes in government’s tax revenue growth and the changes in GDP. It refers to the responsiveness of tax revenue growth to changes in GDP. When a tax is buoyant, its revenue increases without increasing the tax rate.
Explore Courses for UPSC exam

Top Courses for UPSC

Buoyancy of tax refers to:a)Relationship between the changes in government’s tax revenue growth and the changes in Investment.b)Relationship between the changes in government’s tax revenue growth and the changes in GDP.c)Relationship between the changes in government’s tax revenue growth and the changes in demand.d)Relationship between the changes in government’s tax revenue growth and the changes in Inflation.Correct answer is option 'B'. Can you explain this answer?
Question Description
Buoyancy of tax refers to:a)Relationship between the changes in government’s tax revenue growth and the changes in Investment.b)Relationship between the changes in government’s tax revenue growth and the changes in GDP.c)Relationship between the changes in government’s tax revenue growth and the changes in demand.d)Relationship between the changes in government’s tax revenue growth and the changes in Inflation.Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Buoyancy of tax refers to:a)Relationship between the changes in government’s tax revenue growth and the changes in Investment.b)Relationship between the changes in government’s tax revenue growth and the changes in GDP.c)Relationship between the changes in government’s tax revenue growth and the changes in demand.d)Relationship between the changes in government’s tax revenue growth and the changes in Inflation.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Buoyancy of tax refers to:a)Relationship between the changes in government’s tax revenue growth and the changes in Investment.b)Relationship between the changes in government’s tax revenue growth and the changes in GDP.c)Relationship between the changes in government’s tax revenue growth and the changes in demand.d)Relationship between the changes in government’s tax revenue growth and the changes in Inflation.Correct answer is option 'B'. Can you explain this answer?.
Solutions for Buoyancy of tax refers to:a)Relationship between the changes in government’s tax revenue growth and the changes in Investment.b)Relationship between the changes in government’s tax revenue growth and the changes in GDP.c)Relationship between the changes in government’s tax revenue growth and the changes in demand.d)Relationship between the changes in government’s tax revenue growth and the changes in Inflation.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Buoyancy of tax refers to:a)Relationship between the changes in government’s tax revenue growth and the changes in Investment.b)Relationship between the changes in government’s tax revenue growth and the changes in GDP.c)Relationship between the changes in government’s tax revenue growth and the changes in demand.d)Relationship between the changes in government’s tax revenue growth and the changes in Inflation.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Buoyancy of tax refers to:a)Relationship between the changes in government’s tax revenue growth and the changes in Investment.b)Relationship between the changes in government’s tax revenue growth and the changes in GDP.c)Relationship between the changes in government’s tax revenue growth and the changes in demand.d)Relationship between the changes in government’s tax revenue growth and the changes in Inflation.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Buoyancy of tax refers to:a)Relationship between the changes in government’s tax revenue growth and the changes in Investment.b)Relationship between the changes in government’s tax revenue growth and the changes in GDP.c)Relationship between the changes in government’s tax revenue growth and the changes in demand.d)Relationship between the changes in government’s tax revenue growth and the changes in Inflation.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Buoyancy of tax refers to:a)Relationship between the changes in government’s tax revenue growth and the changes in Investment.b)Relationship between the changes in government’s tax revenue growth and the changes in GDP.c)Relationship between the changes in government’s tax revenue growth and the changes in demand.d)Relationship between the changes in government’s tax revenue growth and the changes in Inflation.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Buoyancy of tax refers to:a)Relationship between the changes in government’s tax revenue growth and the changes in Investment.b)Relationship between the changes in government’s tax revenue growth and the changes in GDP.c)Relationship between the changes in government’s tax revenue growth and the changes in demand.d)Relationship between the changes in government’s tax revenue growth and the changes in Inflation.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev