Question
Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India?
Attempt this previous-year question. The correct option stays hidden until you choose.
Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India?
Pick an option to check yourself.
• Correct Answer: D
• Tax evasion via black money directly erodes fiscal revenue, shrinking resources for public welfare and infrastructure.
• Real estate diversion, unproductive asset hoarding, and political funding are secondary distortions; revenue loss is the primary fiscal concern.
Attempt Prelims MCQs or open Mains questions by paper — then continue the same bank inside the app with visual decks.