Consider the following statements:
1. Deficit financing is inflationary.
2. Decreasing Direct Tax rates helps in decreasing inflation.
Which of the statements given above is/are incorrect?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2
Consider the following statements:
1. Deficit financing is inflationary.
2. Decreasing Direct Tax rates helps in decreasing inflation.
Which of the statements given above is/are incorrect?