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Economy Previously Asked Questions: Fiscal Policy
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Economy Previously Asked Questions: Fiscal Policy
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12 Questions

1. Fiscal Policy is concerned with
2. Which one of the following was not stipulated in the Fisca Responsibility and Budget Management Act 2003?
3. Which one of the following statements appropriately describes the 'fiscal stimulus'?
4. Which one of the following statements appropriately describes the 'fiscal stimulus'?
5. In India, which one among the following formulates the fiscal policy?
6. Fiscal policy means
7. Consider the following statements.
1. The Fiscal Responsibility and Budget Management (FRBM) Review Committee Report has recommended a debt to GDP ratio of 60% for the general
(combined) government by 2023, comprising 40% for the Central Government and 20% for the State Government.
2. The Central Government has domestic liabilities of 21% of GDP as compared to that of 49% of GDP of the State Government.
3. As per the Constitution of India, it is mandatory for a State to take the Central Government's consent for raising any loan if the former owes any outstanding liabilities to the latter. Which of the statement(s) given above is/are correct?
8. Which one of the following is part of fiscal policy?
9. Globalisation does not include
10. Globalisation does not include
11. Which of the following economists, introduced fiscal policy as a tool to rectify the Great Depression of 1929-30?
12. Which one of the following is NOT the objective of fiscal policy of government of India?