Budget
Budget: Overview
This topic covers concepts, such as, Banking, Components of Indian Economy, Types of Taxes on Income & Development Financial Institutions (DFIs) etc.
Important Questions on Budget

India revoked Pakistan's most-favoured-nation (MFN) status following the Pulwama terrorist attack. Consider the following statements regarding MFN (most favoured nation status):
- MFN essentially guarantees the most favourable trade conditions between two countries.
- Under WTO norms, member countries are mandated to give this status to each other on a reciprocal basis.
- India had granted MFN status, which provides non-discriminatory access to its market, to Pakistan in
- Pakistan has accorded MFN status to India in.

The 1 nomic Advisory Council to the Prime Minister (PMEAC) in India has recommended phased dilution of Government stake in Public Sector Banks from:

Which of the following is not a type of banks ?


Which type of fiscal policy is undertaken by the Government during recessions to increase the level of economic activity?

Which of the following stances of fiscal policy is undertaken when an economy is neither in recession nor in expansion?

Consider the following statements.
A) Fiscal policy is concerned with raising revenue through taxation and government spending.
B) Fiscal policy includes measures employed by governments to stabilise the economy.
Choose the correct answer code.

When did GAAR (General Anti- Avoidance Rule) come into operation in India?

Which of the following statement best describes 'Primary Deficit?

_____ is not a source of revenue to the central Government.

Sustainable economic development means an increase in the rate of growth of real:

The economic development of a country depends upon

In case of gold, revenue is recognized in the accounting period in which the gold is:

Which one of the following countries is not a member of WTO?

Special Economic Zones are developed to:

Whenever countries set up a free trade area, they abolish all restrictions on trade among themselves and:

Which among the following has become the first company to list its commercial papers on the stock exchanges?

Team Cashless India is launched by_______?

Which public sector bank is in agreement with the Employees’ State Insurance Corporation (ESIC) to provide its e-payment services to the bank accounts of all ESIC beneficiaries?
