The government of a developing country is facing a high fiscal deficit due to increased spending on social welfare programs and infrastructure projects. The government is considering implementing fiscal consolidation measures to reduce the deficit. Which of the following fiscal consolidation measures is likely to have the most immediate impact on reducing the fiscal deficit?
Reducing subsidies on essential commodities will directly reduce government expenditure, leading to an immediate reduction in the fiscal deficit. While increasing taxes on luxury goods can also generate revenue, it may take longer to have a significant impact on the deficit.
When did the Arbitration and Conciliation (Amendment) Act, 2021, receive Parliamentary assent, replacing the corresponding Ordinance?
Under Chhattisgarh Excise Act 1915 Tari means:
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Special Courts are established by
The officers and other employees of the Authority under the IRDA Act may be appointed by whom?
What is the maximum period an Executive Magistrate may authorize the detention of an accused in custody?
Indian Evidence Act does not expressly mention about:
Carefully read following statements: Mark the correct statement/s:
1. According to Section 34 of IPC requirement is of two persons whereas under...
Consider the following statements:
The actus reus is made up of
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2. The re...
