Q247. Assertion (A) : Fiscal deficit is greater than budgetary deficit. Reason (R) : Fiscal deficit is the borrowing from the Reserve Bank of India plus other liabilities of the Government to meet its expenditure.

Assertion (A) : Devaluation of a currency may promote export. Reason (R): Price of the country’s products in the international market may fall due to devaluatio

Assertion (A) : Balance of Payments represents a better Picture of a country’s economic transactions with the rest of the world than the Balance of Trade. Reaso

Assertion (A) : The rate of growth of India’s exports has shown an appreciable increase after 1991. Reason (R) : The Govt. of India has resorted to devaluation.

Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Assertion (A) : An important policy instrument of economic l

Which one of the following statements is correct? Fiscal Responsibility and Budget Management Act (FRBMA) concerns:

Assertion (A) : India does not export natural rubber. Reason (R) : About 97% of India’s demand for natural rubber is met from domestic production.

Match List-I with List-II and select the correct answer using the codes given below the lists: | List-I (Term) | List-II (Explanation) | | :--- | :--- | | A. F

Assertion (A) : The new EXIM policy is liberal, market oriented and favours global trade. Reason (R) : GATT has played a significant role in the liberalisation

Assertion (A) : Eastern coast of India produces more rice than the western coast. Reason (R) : Eastern coast receives more rainfall than the western coast.

Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R): Assertion (A) : Though India’s national income has gone up s

Assertion (A) : Ceiling on foreign exchange for a host of current account transaction heads was lowered in the year 2000. Reason (R) : There was a fall in forei

Assertion (A): The Council of Ministers in the Union of India is collectively responsible both to the Lok Sabha and Rajya Sabha. Reason (R): The Members of both

Consider the following Assertion (A): For the first time, India had no trade deficit in the year 2002-03. Reason (R): For the first time, India’s exports crosse

Which one of the following is likely to be the most inflationary in its effects?

In India, deficit financing is used for raising resources for:

Which one of the following is likely to be the most inflationary in its effect?

Assertion (A): India’s software exports increased at an average growth rate of 50% since 1995-96. Reason (R) : Indian software companies were cost-effective and

Assertion (A) : The percentage of net sown area in the total area of Andhra Pradesh is less as compared to that of West Bengal. Reason (R) : The soil of most of

With reference to the Union Government, consider the following statements: 1. The Department of Revenue is responsible for the preparation of the Unio

Consider the following actions by the Government: 1. Cutting the tax rates 2. Increasing the government spending 3. Abolishing the subsidies in the co

Which one of the following is responsible for the preparation and presentation of Union Budget to the Parliament?

In the context of governance, consider the following: 1. Encouraging Foreign Direct Investment inflows 2. Privatization of higher educational Institut

With reference to the Indian Public Finance, consider the following statements: 1. External liabilities reported in the Union Budget are based on hist

Which of the following are among the non-plan expenditures of the Government of India? 1. Defence expenditure 2. Subsidies 3. All expenditures linked

With reference to the sectors of the Indian economy, consider the following pairs: | Economic activity | Sector | | :--- | :--- | | 1. Storage of agr

With reference to physical capital in Indian economy, consider the following pairs: | Items | Category | | :--- | :--- | | 1. Farmer’s plough | Worki