Which one of the following effects of creation of black money in India has been main cause of worry to the Government of India?

Question

Accepted Answer

(D) Loss of revenue to the State Exchequer due to tax evasion

Answer

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

Answer

(B) Investment in unproductive activities and purchase of precious stones, jewellery, gold, etc.

Answer

(C) Large donations to political parties and growth of regionalism