CLEAN : Thousands celebrate Day of the Dead in Guatemala

What is the basic definition of a levy?

• A fine for breaking the law

• A charge for environmental damage

• A type of tax imposed on goods

• A fee for using public services

In which context is a levy most commonly applied?

• Education

• Healthcare

• Transportation

• Taxation

Which of the following is NOT a characteristic of a levy?

• It can be applied to goods and services

• It is a voluntary payment

• It is a mandatory charge

• It is imposed by the government

What is the primary purpose of imposing a levy?

• To encourage savings

• To reduce inflation

• To generate revenue for public services

• To promote exports

Which section of the video provides a summary of the key points about levy?

• None of the above

• Conclusion on Levy

• Application of Levy

• Introduction to Levy