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Answer 1

Answer:

Black money is basically the

accumulation of income obtained

illegally. It is not declared for tax

purpose. The issue of black money is

prevalent in India and the government

has come up with stern measures to

deal with it lately. The money earned

via unlawful means is known as black

money. There are various sources of

generating black money and people

have been practicing these since

decades despite the negative impact

they have on the society.

Answer 2

Explanation:

Black money is basically the accumulation of income obtained illegally.

..

It is not declared for tax purpose.

..

The issue of black money is prevalent in India and the government has come up with stern measures to deal with it lately.

..

The money earned via unlawful means is known as black money.

..

There are various sources of generating black money and people have been practicing these since decades despite the negative impact they have on the society.

hope it's helpful to you