CUET Economics PYQs

Which of the following represents the borrowing requirements of the government for the purposes other than interest payments?

Defense of the nation is a service provided by our armed forces. This service is.

1. Non -Public good which is non-rival and non excludable in consumption.
2. Public good which is non-rival and non excludable in consumption.
3. Non -Public good which is rival and non-excludable in consumption.
4. Public good which is rival and non-excludable in consumption.

Which of the following are features of fiscal policy?

(A) Taxes and government spending are tools of fiscal policy.

(B) It is implemented by the central bank.

(C) It influences aggregate demand.

(D) It involves adjustments in public debt.

Choose the correct answer from the options given below: