2016 · Q96
Which of the following is not a ‘Public Good’?
General KnowledgeIndian Economy
- AElectricity
- BNational Defence
- CLight House
- DPublic Parks
Explanation
A public good is non-excludable and non-rivalrous: national defence, lighthouses and public parks broadly fit this definition. Electricity fails both tests - supply can be cut off to non-payers (excludable) and one consumer's use reduces availability to others (rivalrous). It is a private, marketable utility good. The item that is not a public good is therefore electricity, option (A).