Question

    There has been a persistent deficit budget year after year. Which action/actions of following can be taken by the Government to reduce the deficit?

    1. Reducing revenue expenditure

    2. Introducing new welfare schemes

    3. Rationalizing subsidies

    4. Reducing import duty

    A I, II and IV only Correct Answer Incorrect Answer
    B II and III only Correct Answer Incorrect Answer
    C I and III only Correct Answer Incorrect Answer
    D I, III and IV only Correct Answer Incorrect Answer

    Solution

    “Introducing new schemes” will increase Burden on the government.

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