How can Government of India can raise its revenue receipts?

  1. By increasing Tax Rates
  2. By getting more grants from abroad
  3. By Increasing Tax-GDP Ratio
  4. By increasing debt-GDP Ratio
  5. By increasing its economic services
  6. By making PSU’s more profitable
  7. By raising tax exemption limits

Choose the correct option from the codes given below: 

Answer: [B] All except 4 & 7

All except 4 & 7  are correct answers. 

This question is a part of GKToday's Integrated IAS General Studies Module