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UPSC Prelims 2003Question 46Economy

Consider the following statements: In India, stamp duties on financial transactions are 1. levied and collected by the State Government 2. appropriated by the Union Government. Which of these statements is/are correct?

Options

  1. (a)Only 1
  2. (b)Only 2
  3. (c)Both 1 and 2
  4. (d)Neither 1 nor 2

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