In the context of the Indian economy, what does the term “deficit financing” refer to?
Prelims
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Economics › Budget, Fiscal Policy
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Economics › Budget, Fiscal Policy
Consider the following actions by the Government:
1. Cutting the tax rates
2. Increasing the government spending
3. Abolishing the subsidies
In the context of economic recession, which of the above actions can be considered a part of the ‘fiscal stimulus’ package?Options
Answer
(A)
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Economics › Budget, Fiscal Policy
In the Context of governance, consider the following:
1. Encouraging Foreign Direct Investment inflows
2. Privatization of higher educational Institutions
3. Down-sizing of bureaucracy
4. Selling/offloading the shares of Public Sector Undertakings
Which of the above can be used as measures to control the fiscal deficit in India?Options
Answer
(B)
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Economics › Demographic Dividend
Economics › Demographic Dividend
Consider the following statements :
Human capital formation as a concept is better explained in terms of a process which enables
1. individuals of a country to accumulate more capital.
2. increasing the knowledge, skill levels and capacities the people of the country.
3. accumulation of tangible wealth.
4. accumulation of intangible wealth.Which of the statements given above is/are correct?
Options
Answer
(C)
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Economics › Demographic Dividend
Consider the following specific stages of demographic transition associated with economic development:
1. Low birth rate with low death rate
2. High birth rate with high death rate
3. High birth rate with low death rateSelect the correct answer using the code given below:
Options
Answer
(C)