2024 · Q98
Consider the following statements:
- 1Burden of a tax on a commodity is independent of who (buyer or seller) it is explicitly imposed upon
- 2Burden of a tax on a commodity depends on the slope of the demand and supply curves Which of the statements given above is/are correct?
indian-polity-economyeconomy-fundamentals
- A1 only
- B2 only
- CBoth 1 and 2
- DNeither 1 nor 2
Explanation
The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched in 2014, is the national mission for financial inclusion aimed at ensuring access to banking, savings, remittance, credit, insurance and pension facilities for every household. MGNREGA is an employment guarantee, PM-KISAN is an income support scheme for farmers, and Ayushman Bharat is a health insurance scheme. Hence PMJDY is correct.