SSC CGL 2025 — Q42 Solved Answer with Explanation

Question

Consider the following statements and choose the correct option: Statement 1: The Production Possibility Frontier (PPF) shows the trade-offs and opportunity costs faced by an economy. Statement 2: The PPF is used to estimate the government’s total revenue and expenditure.

1. A. Only Statement 1 is correct (Correct answer)
2. B. Only Statement 2 is correct
3. C. Both Statement 1 and Statement 2 are correct
4. D. Neither Statement 1 nor Statement 2 is correct

Correct Answer

Option A — Only Statement 1 is correct