Which of the following documents are mandated to be provided as part of the Union Budget by the Indian Constitution?
1. Annual Financial Statement
2. Demand for Grants
3. Finance Bill
4. Macro-economic Framework Statement
5. Fiscal Policy Strategy Statement
Select the correct answer using the code given below:
1 and 2 only
1, 2 and 3 only
1, 2, 3 and 4 only
1, 2, 3, 4 and 5
The Annual Financial Statement; the Demand for Grants; and the Finance Bill are required to be provided as part of the Union Budget, under various provisions of the Indian Constitution, such as Articles 112,113 and 110(a), respectively. However, the Macro-economic Framework Statement and the Fiscal Policy Strategy statement are required to be provided as per the provisions of the Fiscal Responsibility and Budget Management Act, 2003.
The term 'West Texas Intermediate', sometimes found in news, refers to a grade of
International Relations · Easy
If another global financial crisis happens in the near future, which of the following actions/policies are most likely to give some immunity to India? 1. Not depending on short-term foreign borrowings 2. Opening up to more foreign banks 3. Maintaining full capital account convertibility Select the correct answer using the code given below:
International Relations · Easy
Out of the following statements, choose the one that brings out the principle underlying the Cabinet form of Government:
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A country is said to have reduced the Poverty Gap Ratio from 2010-11 to 2019-2020. What does it imply?
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