CUET Economics - Which of the following best explains the constitutional aspect of Goods and Services Tax implementation in India? | PYQs + Solutions

CUET Economics 2025 30 May Shift 2

Macro

Medium

104th Constitutional Ammendment and Introduction of Article 26A.

101 Constitutional Amendment and Introduction of Article 246A.

101st Constitutional Amendment and Introduction of Article 26A.

104th Constitutional Ammendment and Introduction of Article 24A.

✅ Correct Option: 2

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13 May Shift 2

From the following, identify the main features of Fiscal responsibility and Budget Management act.

(A) The actual deficits may exceed the targets specified only on grounds of national security or natural calamity or such other exceptional grounds as the central government may specify.

(B) The Act mandates the central government to take appropriate measures to reduce fiscal deficit to not more than 3 percent of GDP

(D) Measures to be taken to ensure greater transparency in fiscal operations.

Choose the correct answer from the options given below:

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Net borrowing at home included which of the following?

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CUET Economics 2025 30 May Shift 2 PYQs

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