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Market and Types of Goods · UPSC CDS/OTA · Question 39 of 66

Market and Types of Goods: Which of the following is an example of a public good?

Step-by-step solution. Market and Types of Goods for UPSC CDS/OTA.

Topic
Market and Types of Goods
Subject
General Studies
Difficulty
moderate
Solve Time
45-60 sec

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Q · Market and Types of Goodsmoderate · 45s

Which of the following is an example of a public good?

TopicMarket and Types of Goods
Question Typemultiple choice
Difficultymoderate
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

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Public goods are non-excludable and non-rivalrous.Meaning: Available to all.Correct: B is correct.Incorrect: A, C, D are private goods.

Final Answer: Option B - National defense
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Which of the following is an example of a public good? - Market and Types of Goods (General Studies) Solved Question