Question
‘Fiscal Drag’ expresses the impact of inflation on
which of the following?Solution
Fiscal drag is an economics term referring to a situation where a government’s net fiscal position (equal to its spending less any taxation) does not meet the net savings goals of the private economy. Fiscal drag is a concept where inflation and earnings growth may push more taxpayers into higher tax bracket.
In which temple was a 15th-century lamp with Shaiva and Vaishnava carvings recently discovered?
What is the new name for the Public Tech Platform for Frictionless Credit (PTPFC) launched by RBI?
Which South American country adopted India's UPI system for instant digital payments?
What was the theme for International Nurses day 2022?
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______ has tied up with US’s Bridgepointe Technologies to help enable the latter’s enterprise customers to expand to India and Africa leveraging t...
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The acid used in lead storage cells is-
According to the information provided by the Reserve Bank of India, the bank credit growth stood at _____ for three months ending December 2022.
Who won Bahrain’s ISA award for Service to Humanity?
