Q. Which of the following statements with regard to recommendations of the 15th Finance Commission of India are correct?

I. It has recommended grants of ₹ 4,800 crores from the year 2022-23 to the year 2025-26 for incentivizing States...

Q. A country’s fiscal deficit stands at Rs.50,000 crores. It is receiving Rs.10,000 crores through non-debt creating capital receipts. The country’s interest liabilities are Rs.1,500 crores. What is the gross primary deficit?

(a) Rs.48,500 crores (b) Rs.51,500 crores (c) Rs.58,500 crores (d) None of the above Ans-a Explanation Gross primary deficit =...

Which of the following statements are correct? I. Revenue deficit is Rs.20,000 crores. II. Fiscal deficit is Rs.10,000 crores. III....

I. Capital receipts create a liability or cause a reduction in the assets of the Government. II. Borrowings and disinvestment...

Statement I: Circular economy reduces the emissions of greenhouse gases. Statement II: Circular economy reduces the use of raw materials...

I. India accounts for a very large portion of all equity option contracts traded globally thus exhibiting a great boom....

Statement I: As regards returns from an investment in a company, generally, bondholders are considered to be relatively at lower...

I. India has joined the Minerals Security Partnership as a member. II. India is a resource-rich country in all the...

Statement I: In India, income from allied agricultural activities like poultry farming and wool rearing in rural areas is exempted...

I. The Reserve Bank of India mandates all the listed companies in India to submit a Business Responsibility and Sustainability...