CUET Economics 2025 29 May Shift 2 PYQs

The 'Ricardian equivalence' view argued that in the face of high deficits, people save more. It is called 'equivalence' because it argues that taxation and borrowing are equivalent means of ...........

1. Financing expenditure
2. Financing borrowing
3. Financing Taxation
4. Financing deficit

From the following which product has been kept out from the GST ambit?

The progressive taxation system seeks to achieve which of the following objectives of the government budget?