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The author has used the term "black economy" to denote:
A

economies where generation and circulation of black money is prevalent


B

economies where the tax rate is low


C

economies where the tax rate is nil


D

economies where money majorly exists in digitized form instead of cash

Approved answer
Correct option is A)

The facts given in the passage clearly support the inference given in option (a).

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Best answer

The author has used the term "black economy" to denote:
A

economies where generation and circulation of black money is prevalent


B

economies where the tax rate is low


C

economies where the tax rate is nil


D

economies where money majorly exists in digitized form instead of cash

Approved answer
Correct option is A)

The facts given in the passage clearly support the inference given in option (a).

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