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_________ is money that is earned through legitimate means and is accounted for, for which income tax or other tax is paid.

  1. A
    Old currency
  2. B
    New currency
  3. C
    White money
  4. D
    Black money

Solution & Step-by-step Explanation

White money refers to legally earned income that is fully accounted for in official records and on which the required income tax or other government duties have been honestly paid. Conversely, unaccounted, untaxed wealth is known as black money.

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_________ is money that is earned through legitimate means and is accounted for, for which income tax or other tax is paid.
A
Old currency
B
New currency
C
White money
D
Black money

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