Q. Pranaya refers to which of the following?
a. Fruits tax
b. Liquor Tax
c. Emergency tax
d. Sales tax
Kautilya or Chanakya mentions certain emergency taxes which were called Pranaya or additional levies that the state could impose if the treasury got depleted. These emergency taxes included a tax on farmers, an additional levy on the traders, and taxes on the income of actors, singers, and prostitutes.
