Which statements about indirect taxes in India are true? 1. Yield from indirect taxes is more than that from direct taxes. 2. Indirect taxes have grown faster than direct taxes after 1947. 3. Indirect taxes are ultimately paid for by persons who do not actually pay taxes to the government. 4. Increase in indirect taxes is good in a developing country.

• A. 1, 2 and 4         
• B.        1 and 2
• C. 2 only                          
• D. 1, 2 and 3