Q18: UPSSSC PET Mock Test 29

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Select the correctly matched pair in an exam-style association task concerning Commercial bank, Fiscal policy and GST.

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Question ID #16346 UPSSSC PET 2026 Mock Test Series UPSSSC PET Online Mock Test 29 Medium

Select the correctly matched pair in an exam-style association task concerning Commercial bank, Fiscal policy and GST.

Correct Answer: C. GST — tax on supply of goods and services
The correct association is “GST — tax on supply of goods and services”.

Question: Select the correctly matched pair in an exam-style association task concerning Commercial bank, Fiscal policy and GST.

A. Commercial bank — government taxation and spending

B. Fiscal policy — tax on supply of goods and services

C. GST — tax on supply of goods and services

D. Fiscal deficit — accepts deposits and gives loans

Correct Answer: C. GST — tax on supply of goods and servicesThe correct association is “GST — tax on supply of goods and services”.

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Select the correctly matched pair in an exam-style association task concerning Commercial bank, Fiscal policy and GST. - MCQ Explanation

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Correct answer: C. GST — tax on supply of goods and services