Which is the main objective of a tax?

CA Foundation · Business Economics · MTP · January 2026
Which is the main objective of a tax?
(A) A. Increase in Consumption
(B) B. Increase in Production
(C) C. Raising Public Revenue
(D) D. Reduction in Capital Formation

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Raising Public Revenue

Topics: Public Finance

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