Question Details

Detailed explanation and options for the selected question.

Which of the following is considered a public good?

A. Electricity
B. National defense
C. Telecom services
D. Banking services

Explanation:

National defense is a public good as it is non-excludable and non-rivalrous. The other options are private goods or services.

Related Topics

Money Market and Capital Market

Revision Notes

Drone Technology in Agriculture

Revision Notes

Regional Rural Banks (RRBs) Reforms

Revision Notes

Bioeconomy and Biotech Sector

Revision Notes

Financial Literacy and Inclusion

Revision Notes

Industrial Policy and Growth

Revision Notes

Infrastructure Development

Revision Notes

Tourism-Led Growth Strategies

Revision Notes

Agricultural Marketing and Supply Chain

Revision Notes

Crypto Assets and Regulation in India

Revision Notes