Exams › IBPS PO › General Awareness

Which one of the following statements is not correct based on the information provided?

1. The concept of raising taxes on the wealthy has been floated several times.
2. Some rich Americans have backed the concept of raising taxes on the wealthy.
3. Many European countries were harmed due to the collapse of the Soviet Union.
4. The idea of taxing the rich more has been propounded for the first time.

Correct answer: The idea of taxing the rich more has been propounded for the first time.

Solution

The passage states that proposals to tax the rich more have been around since 2011 and have come up several times. Therefore, saying it was propounded for the first time is incorrect. The other statements are supported by the passage.

Related IBPS PO General Awareness questions

• According to the Mind the Gap State of Employment Report released in March 2019, which of the following is not one of the reasons for the low participation of women in rural jobs?
• What are the benefits to farmers of access to urban markets?
• Which of the following states has a low rural unemployment rate with high utilization of MGNREGA funds?
• The deepest and longest-lasting economic ______ in the Western industrialized world up to that time. Which word fits the blank?
• Who among the following was the winner of the Nobel Prize in Economics in 2019?
• What can be inferred from the statement, "Happiness is the end goal," as highlighted in the passage?

⚔️ Practice IBPS PO General Awareness free + battle 1v1 →