If a wetland of international importance is brought under the ‘Montreux Record’, what does it imply?(a) Changes in ecological character have occurred, are occurring or are likely to occur in the wetland as a result of human interference(b) The country in which the wetland is located should enact a law to prohibit any human activity within five kilometres from the edge of the wetland(c) The survival of the wetland depends on the cultural practices and traditionsof certain communities living in its vicinity and therefore the cultural diversity therein should not be destroyed(d) It is given the status of ‘World Heritage Site’
A
54. A decrease in tax to GDP ratio of a country indicates which of the following?
1. Slowing economic growth rates
2. Less equitable distribution of national incomeSelect the correct answer using the code given below.
a) 1 only
b) 2 only
c) Both 1 and 2
d) Neither 1 nor 2Official answer key says option A is correct. Can someone provide the rationale. I am unable to understand how it could be A.
I think we shouldn't go deep and draw conclusions. Straight answer is given
Concept is about less tax and more gdp.
The examiner may be of view that less economic growth contribute to low tax revenue. Here the tax not only income tax but also indirect taxes like GST.
Tax to gdp ratio may not give better picture of national income distribution.