CUET Economics PYQs

Which of the following are sources of revenue expenditure by the Government ?

(A) Repayment of loans

(B) Expenditure on Defence services

(C) Central assistance for states

(D) Interest payments

(E) Lending to commercial banks

Choose the correct answer from the options given below :

Percent is excluded from GST four tier formation

A shock absorber which makes disposable income, and thus consumer spending, less sensitive to fluctuations in GDP is called......