Question
Consider the following statements about fiscal
deficit: 1. Fiscal deficit is the difference between total revenue and total expenditure of the government, excluding borrowings. 2. A high fiscal deficit always leads to high inflation in the economy. 3. Fiscal deficit is a measure of the government's borrowing requirements. Which of the above statements are correct?Solution
Fiscal deficit is the shortfall between government revenue and expenditure, excluding borrowings (statement 1). It measures the borrowing requirements of the government (statement 3). However, a high fiscal deficit does not always lead to inflation (statement 2 is incorrect).
In 2023, which state launched the "Path Shri Rasta Shree" Project?
‘A’ is 9 years younger than ‘B’ and 7 years elder than ‘C’. If the present age of ‘B’ and ‘D’ is 30 years and 24 years, respectively...
Which of the following organism doesn’t have the internal digestive process?
Which of the following is a contra account?
A and B ran over a distance starting from the same place. The distance-time graph is shown:
Consider the following in regards to Stanford University's AI Index Report 2023?
1.This was the 6th edition of this report.
2.India is ran...
Which factor(s) led scientists towards the classification of elements?
(i) Different methods of synthesis of elements
(ii) Different sourc...
Which of the following organs is capable of removing unused or damaged platelets?
The 10th schedule of the Indian Constitution is related to?
A man borrows Rs. 60,000 from the bank at 9% per annum. He lends Rs. 25,000 at 16% per annum and the rest at 14% per annum to two different clients for ...
Relevant for Exams:
