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UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Money Supply and Indian Financial System

  • question_answer
    DIRECTION: Match the following and select the correct answer using the codes given below the lists.
      Goods   Example
    i. Public goods A. Primary education
    ii. Merit goods B. National defence
    iii. Non-merit goods C. Pollution

    A) I-A,   II-B,   III-C

    B) I-B,   II-A,   III-C

    C) I-C,   II-B,   III-A

    D) I-A,   II-C,   III-B

    Correct Answer: B

    Solution :

    Public goods include national defence, police general administration. Merit goods include primary education, immunisation, public health programme Non-merit goods include pollution caused by automobile emission.


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