CUET Economics 2025 13 May Shift 1 PYQs

The government policy affecting the personal disposable income of households by making transfers and collecting taxes is known by...........

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 :

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.