Match the following:

i-b, ii-a, iii-d, iv-c

The correct answer is Option 3: i-b, ii-a, iii-d, iv-c

(i-b) Fiscal deficit indicates borrowings of the government.
(ii-a) Corporation tax is a direct tax. It is paid on earnings of the company (corporation).
(iii-d) Primary deficit indicates the borrowings of the government (i.e. fiscal deficit) – interest payments.
(iv-c) Goods and Services Tax is an indirect tax.