Basel III Accord’ or simply ‘Basel III’ often seen in the news, seeks to
Prelims
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Economics › Banking Regulations
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Economics › Budget, Fiscal Policy
Economics › Budget, Fiscal Policy
There has been a persistent deficit budget year after year. Which of the following actions can be
taken by the government to reduce the deficit?
(1) Reducing revenue expenditure
(2) Introducing new welfare schemes
(3) Rationalizing subsidies
(4) Expanding industries
Select the correct answer using the code given below.Options
Answer
(A)
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Economics › Economic Growth,LPG,Planning
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Economics › Inflation
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Economics › National Income Accounting(GDP)
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Economics › National Income Accounting(GDP)
With reference to Indian economy, consider the following statements :
(1) The rate of growth of Real Gross Domestic product has steadily increased in the last decade.
(2) The Gross Domestic product at market prices (in rupees) has steadily increased in the last decade.
Which of the statements given above is/are correct?Options
Answer
(B)
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Economics › RBIXLiquidity Management