Identify the correct option which describes the objective of the Goods and Service Tax (GST)? Option 1: Creating a unified tax for the nation Option 2: making the tax process cumbersome Option 3: helping people to remain outside the tax coverage Option 4: making the goods costly

The answer is 'Creating a unified tax for the nation'. View full solution:

CUET Economics - Identify the correct option which describes the objective of the Goods and Service Tax (GST)? | PYQs + Solutions

CUET Economics 2026 23rd May Shift 1

Indian Economic Development

Easy

Creating a unified tax for the nation

making the tax process cumbersome

helping people to remain outside the tax coverage

making the goods costly

✅ Correct Option: 1

Related questions:

13h May Shift 2

Match List-I with List-II

List-I	List-II
(A) Industrial Sector Reforms	(I) Role of RBI from regulator to facilitator
(B) Financial Sector Reforms	(II) Dereservation and price fixation by market
(C) Disinvestment	(III) Selling off part of the equity of PSEs.
(D) Outsourcing	(IV) Hiring regular service from external sources.

Choose the correct answer from the options given below:

23rd May Shift 1

Arrange the following in chronological order, starting from the oldest.

A. Introduction of New Economic policy

B. Formation of World Trade Organisation

C. Establishment of General Agreement on Trade and Tariff

D. Removal of quantitative restrictions on imports of manufactured consumer goods and agricultural products

Choose the correct answer from the options given below:

12th May Shift 1

Match List-I with List-II

List-I	List-II
(A) Multilateral trade agreements	(I) Outsourcing
(B) Liberalization	(II) Disinvestment
(C) Globalization	(III) WTO
(D) Privatization	(IV) FDI

Choose the correct answer from the options given below: