wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following are the sources of black money?

A
Corruption
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Havala transactions
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Under reporting of Income
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
All the above
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D All the above
<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Unaccounted sources of income can arise out of activities like Corruption , Havala transactions and under reporting of income. This evaded income is called black money.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Tertiary Occupations
GEOGRAPHY
Watch in App
Join BYJU'S Learning Program
CrossIcon