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?

Which one of the following is responsible for the preparation and presentation of Union Budget of the Parliament?

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?

Which one of the following was not stipulated in the Fiscal Responsibility and Budget Management Act, 2003 ?