Question
What is the reason cited in the RBI report for the
reduction in gross fiscal deficit (GFD) for LIC, making it the fourth-largest insurer globally?Solution
According to the RBI report, LIC has become the fourth-largest insurer globally, and its gross fiscal deficit (GFD) was at 2.8% of GDP in 2022-23, below Budget Estimates for the second consecutive year. The reduction in deficit was attributed to lower revenue deficit and sustained capital outlays, with tax buoyancy attributed to the implementation of GST, which played a crucial role in achieving this fiscal outcome.
Which of the following accurately describes the Reserve Bank of India's revised Domestic Money Transfer (DMT) guidelines effective from November 1, 2024...
Allan Octavian Hume, a retired English ICS officer, formed the indian National Union in ______.
Fluency in such patients can be incorporated into the speech of such patients through
Consider the following statement about Pradhan Mantri Fasal Bima Yojana.
I. Recently Maharashtra government had requested to extend deadline of C...
In which year was TRIFED (Tribal Cooperative Marketing Development Federation of India) formed with the main objective of institutionalizing the trade o...
'Hawa Ane De' is a campaign launched by which ministry ?
The oldest mountains in India are:
In October 2023. Indian Institute of Science Education and Research Bhopal identified ciTRAN, Which of the following statement is/are CORRECT about this...
In the Budget 2021 the residency limit for an Indian citizen to set up OPC is reduced to 120 days from 182 days, what does OPC stand for?
'Amukta Malyada' was written by ______.
