Market price includes the impact of indirect taxes, but not of subsidies.

True

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False

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Solution

The correct option is B
False

Market price includes the impact of both indirect taxes and subsidies. Indirect taxes raise the market price while subsidies lower it.

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Similar questions

Particulars	Rs. in crores
(i) Gross national product at market price (ii) Indirect Tax (iii) Subsidies (iv) Depreciation (v) Net Factor income from abroad	58,350 2,590 1,540 1,625 -240

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