✓ Board-verified
Economics · 2025 · 1 mark
Government Budget and the EconomyGovernment Budget – Meaning and its Components1 markUnderstandassertion reason
CBSE 2025 · Region 4 · Set 1 · Q5
Read the following statements – Assertion (A) and Reason (R). Choose the correct alternative from the options given below: Assertion (A): Direct…
Read the following statements – Assertion (A) and Reason (R).Choose the correct alternative from the options given below :Assertion (A) : Direct taxes are imposed on income/profits of individuals/companies.Reason (R) : The burden of payment of direct taxes cannot be shifted to any other entity.Options :
Official answer
(A)
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Marking-scheme solution
(A)
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
All Government Budget and the Economy questions2025 question paperPractice Government Budget and the Economy →
More from Government Budget and the Economy
- Read the following statements: Assertion and Reason (R). Choose the correct option from those given below: Assertion: Borrowing requirements of the…2026
- On the basis of the given information, calculate the values of the following: (i) Fiscal Deficit (ii) Primary Deficit S.No. Items Amount (in ₹ crore)…2024
- “As per the Economic Survey of India 2022 – 23, due to the outbreak of geopolitical conflict, the result was higher international prices for…2025
- Read the following statements carefully: Statement 1: Public goods are those goods for which the payments are made by all the entities in the…2025
- “Consumption of a good by a person does not reduce the amount available for consumption by others. Consumers consuming such goods are known as…2026
- Read the following statements carefully: Statement 1: Foreign aids are the capital receipts for the government. Statement 2: Disinvestments may lead…2025
- (i) Study the following chart carefully and analyse the changing trends in the government expenditure on: (I) Agriculture and Allied Activities (II)…2024
- Identify, which of the following does not represent a public good. (Choose the correct option)2025
CBSE Class 12 Economics past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.