Civil Services Kerala (കേരളം) PSC KAS Prelims Test Series 2025 General Knowledge Economy National Income Accounting
Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Select your answer from the codes given below.
Assertion (A): Goods and Services Tax (GST) introduced in 2017 is non-inflationary.
Reason (R): GST system avoids tax-on-tax.
1
Both (A) and (R) are true and (R) is the correct explanation for (A).
2
Both (A) and (R) are true, but (R) is not the correct explanation for (A).
3
Both (A) and (R) are false.
4
(A) is false, but (R) is true.