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? - Study24x7
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Ankit Rathi
05 Dec 2023 12:09 PM study24x7 study24x7

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?

A

Diversion of resources to the purchase of real estate and investment in luxury housing

B

Investment in unproductive activities and purchase of precious stones, jewelley, gold, etc.

C

Large donations to political parties and growth of regionalism

D

Loss of revenue to the state exchequer due to tax evasion

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