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Question 48 of 50

CUET Economics 2025 13 May Shift 1

Macro

>

Medium

Because it is combination of multiple taxes.

Because now country have only GST as indirect tax.

Because it brought uniformity in tax rate across the country.

Because it is a simple tax.

✅ Correct Option: 3

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CUET Economics Past Year Questions (Topic-Wise):

Indian Economic Development

Development Experience (1947-90)
Development Experience of India
Economic Reforms (1991)
Employment
Human Capital Formation
Introduction
Poverty
Rural Development
Sustainable Economic Development

Macro

Balance of Payments
Government Budget
Income & Employment
Introduction
Money & Banking
National Income

Micro

Consumer Behaviour
Forms of Market
Introduction
Market Equilibrium
Production & Costs

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