CUET Economics 2025 3 June Shift 1 PYQs

Identify the tax imposed by the government that do not depend on income.

Which of the following statements is true about public goods?

(A) Public goods are non rival in nature.

(B) Public goods are non-excludable in nature.

(C) Public goods may be produced by the government or the private sector.

(D) Public goods and public production can be used interchangeably.

Choose the correct answer from the options given below:

Goods and Service Tax, the single comprehensive indirect tax on all goods and services, extends the principle of one of the following